Precilla Company uses a standard costing system that allows 2 pounds of direct materials for one finished unit of product. During July, the company purchased 56,000 pounds of direct materials for $370,000, and manufactured 13,600 finished units. The standard direct materials cost allowed for the units manufactured is $353,600. The performance report shows that Pricilla has an unfavorable direct materials usage varlance of $6,600. Also, the company records any price varlance for materials at time of purchase. Precilla's standard price per pound of direct materials (SP), to two decimal places, Is: Multiple Choice $14.00. $13.00. $28.00. $12.00. $26.00.