Organic Grounds produces two brands of coffee: Star and Bucks. The two coffees are produced in one factory using the same production process. The only difference between the two coffees is the cost of the unroasted coffee beans. The following data are available for February: Star Bucks Total Number of pounds of coffee produced 10,000 40,000 50,000 Cost of unroasted beans and packaging per pound $ 5.40 $ 7.20 Other costs: Direct labor $90,000 Indirect materials 45,000 Other overhead 15,000 Required: Organic Grounds uses operations costing and assigns conversion costs based on the number of pounds of coffee produced. Compute the cost unit of each brand of coffee produced in February. (Do not round intermediate calculations. Round "Cost per pound" to 2 decimal places.)

Answer is not complete.

	Star	Bucks	Total
Conversion cost	$30,000selected answer correct	$120,000selected answer correct	$150,000
Materials cost	not attempted	not attempted
Total cost	not attempted	not attempted
Number of pounds	not attempted	not attempted
Cost per pound	not attempted	not attempted