StandardDirect 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 used8,600 lbs.Actual unit price of direct materials$2.5 per lb.Units of finished product manufactured2,060 unitsStandard direct materials per unit of finished product4 lbs.Direct materials quantity varianceunfavorable$936Direct materials price variancefavorable$860

Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work inprocessat 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 costfor direct materials $per ? unit