Norio Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows:

Budgeted units of Flex 10 for June		6,800
Budgeted usage of PPS		61,200	pounds
Actual number of units of Flex 10 manufactured		5,800
PPS purchased		72,960	pounds
PPS used		57,000	pounds
Total actual cost of PPS used	$	368,220
Direct materials usage varianceunfavorable	$	36,480	unfavorable

Assume that Norio does not maintain an inventory of materials, so that the amount of materials used is equal to the amount of materials purchased. The actual purchase price per pound of PPS used (rounded to two decimal places) is:

Multiple Choice

• $5.05.

• $6.46.

• $6.41.

• $8.88.

• $7.60.