Standard Direct Materials Cost per Unit from Variance Data The following data relating to direct materials cost for October of the current year are taken from the records of Good Clean Fun Inc., a manufacturer of organic toys: Quantity of direct materials used 7,900 lbs. Actual unit price of direct materials $4.10 per lb. Units of finished product manufactured 3,790 units Standard direct materials per unit of finished product 2 lbs. Direct materials quantity variance-unfavorable $1,376 Direct materials price variance-favorable $1,580 cost per either the beginning or Determine the standard direct materia of finished product, assuming that there was no inventory of work in process the end of the month. If required, round your standard cost per unit answer to two decimal places. Product finished 3,950 X units Standard finished product for direct materials used 160 X units Deficiency of finished product for materials used units Standard cost for direct materials $ per unit