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please help! Assume the following: - The standard price per pound is $2.00. - The standard quantity of pounds allowed per unit of finished goods

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Assume the following: - The standard price per pound is $2.00. - The standard quantity of pounds allowed per unit of finished goods is 4 pounds. - The actual quantity of materials purchased and used in production is 50,000 pounds. - The materials price variance is $14,500U. - The company produced 13,000 units of finished goods during the period. The actual price per pound of direct materials is closest to: Multiple Choice $2.19. $1.79. $1.89. $2.29

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