Standard Direct Materials Cost per Unit from Varianoe 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 Actual unit price of direct materials Units of finished product manufactured Standard direct materials per unt of finished product Direct materials quantity variancr-unfavorable Direct materials price variance-favorable 8,200 lbs. $4 per lb. 3,940 units 2 lbs. $1,312 820 Dermne the standard drect moternals cost per unt of firshend rnact, sming that thore was no nventory of work in proes at uther the beginning or the eand of the month If required, round your standard cost per unit answer to two dedimal places Produst frnshed Standard finished product for direct materials usecd Defidlency of finished product for materials used units Standard cost for direct materials per unit Remembes the process discussed in chapter for calcuating standard diect materials cost per un Learning copective 2, Leaming Copective 3 Prevbous Next Previlous Next Check Hy Wor