Breakmorning Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste is .3 pounds; the allowance for spoilage is .1 pounds. The purchase price is $4 per pound, but a 2% discount is always taken. Freight costs are $.15 per pound, and receiving and handling costs are $.10 per pound. The standard direct materials price per pound is $3.92. $4.00. $4.17. $4.25