POPS Corporation's budget performance report for last month shows that actual indirect materials cost, a variable cost, was $31,178 and that the spending variance for indirect materials cost was $2,261 unfavorable. During that month, the company worked 11,900 machine-hours. Budgeted activity for the month had been 12.200 machine-hours. The budgeted cost per machine-hour for indirect materials must have been closest to: $2.74 $2.43 None of the other answer choices are correct. $2.81 $2.37