Audi Corporation purchased 60,000 pounds of material in the month of August. They expected to pay $2.00 per pound of materials. In August, they produced 10,000 units which required the use of 40,000 pounds of materials. The following variances were calculated for August: Total materials variance Material efficiency variance $4,800 Favorable $1,200 Unfavorable What is the actual price paid for each pound of materials they purchased this August? Multiple Choice O $2.10 O $1.90 $1.98 O O $1.85 O $2.15