Problem 23-4A (Part Level Submission) Kansas Company uses a standard cost accounting system In 2017, the company produced 28,400 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $11.00. Normal capacity was 50.300 drect labor hours. During the year, 130,700 pounds of raw materials were purchased at s0.95 per pound. All materials purchased wer used during the year " the materiais price variance was $2,614 tavorable, what was the standard materials price per pound? mound anner to , delma, places,, Standard materials price per pound Click if you would like to Show Work for this question: Open Show Work