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 Budgeted usage of PPS Actual number of units of Flex 10 manufactured PPS purchased PPS used Total actual cost of PPS used Direct materials usage variance-unfavorable 6,600 59,400 pounds 5,600 76,360 pounds 55,000 pounds $344,300 $ 38,180 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 $4.51 $6.26. Oo ooo $7.01. $9.72