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Sunny Corporation has collected the following data for one of its products: Direct materials standard (2 pounds per unit @ $0.53/lb.) $1.06 per finished good

Sunny Corporation has collected the following data for one of its products:
Direct materials standard (2 pounds per unit @ $0.53/lb.)
$1.06 per finished good
Direct materials flexible budget varianceunfavorable
$14,000
Actual Direct Materials Used (AQU)
40,000 pounds
Actual finished goods produced
23,000 units
What is the actual cost of the Direct Materials Used (AQU) per pound?

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