Lly Comoumy uses a standard cost accounting wntem. In 2022. the compony mroduced 2a.aco units. Eaxhunit took weveral pounds of direct materials and 1.6 standard fours of direct fabor at a standard hourh rate of 313.00 . Normal capacity was 49.900 direct labor hours. During the year, 131.200 pounds of raw materials were purchaked at 50.94 per pound. All materiais purchased were uned dorine the vear. If the materials price variance was 51.312 tavorable. What was the standard materials price per pound? (Round answer to 2 decimal ploces. es. 2.75 ) Standard materials price per pound efextbook and Media (b) The parts of ther quetion muit be comgleted in order, This part wall be avaliable when voo complete the part above