O out of 1 paints Question 4 Harper Manufacturing Company uses a standard cost accounting system. During the current year, the company produced 28,000 units. Each unit took several pounds of direct materials. During the year, 58,200 pounds of raw materials were purchased at $1.5 per pound. All materials purchased were used during the year. if the materials price variance was $5,440 unfavorable, what was the standard materials price per pound? Round your answer to 2 decimals Selected Answer: [None Given Correct Answer: 1.41 0.01 Questions Warren Company manufactures pans. Below is the information related to its direct material costs: Standard amount of material used per pan 1.7 lb. Standard cost per lb $5.2 Actual amount of material used per pan 2.6 lb Actual cost per lb $6.1 Actual number of pans produced and sold 1,300 Warren's total direct material spending should have been is 5 (In other words what was the budget) 11,4922 . Dout of 1 paints Selected Answer: None Given) Correct Answer: 11,4922