Oliver Enterprises has collected the following data for one of its products: Direct materials standard ( pounds per unit @ /lb.) per finished good Direct materials flexible budget varianceunfavorable Actual Direct Materials Used (AQU) pounds Actual finished goods produced units What is the actual cost of the Direct Materials Used (AQU) per pound? A. B. C. D.

Oliver Enterprises has collected the following data for one of its products: Direct materials standard (8 pounds per unit @ $0.46/lb.) Direct materials flexible budget variance - unfavorable Actual Direct Materials Used (AQU) Actual finished goods produced $3.68 per finished good $14,000 39,000 pounds 25,000 units What is the actual cost of the Direct Materials Used (AQU) per pound? A. $0.46 B. $2.72 C. $2.36 D. $4.24