JT Engineering spends $1.30 per pound purchasing raw materials, $0.30 per pound to ship the raw materials, and $0.13 per pound receiving the materials. JT then uses 2.75 pounds of raw materials making widgets, allowing 0.25 pounds of waste per widget. What is JTs standard direct materials cost per widget?

Select answer from the options below

$5.19

$4.80

$4.33

$4.73