Standard Direct Materials Cost per Unit from Variance Data

The following data relating to direct materials cost for November of the current year are taken from the records of Play Tyme Inc., a manufacturer of plastic toys:

Quantity of direct materials used	6,700 lbs.
Actual unit price of direct materials	$2.90 per lb.
Units of finished product manufactured	1,605 units
Standard direct materials per unit of finished product	4 lbs.
Direct materials quantity varianceunfavorable	$896
Direct materials price variancefavorable	$2,010

Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in process at either the beginning or the end of the month. If required, round your standard cost per unit answer to two decimal places.

Product finished		units
Standard finished product for direct materials used		units
Deficiency of finished product for materials used		units
Standard cost for direct materials	$	per unit