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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 50,000 pounds $ 4.00 per

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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 50,000 pounds $ 4.00 per pound $ 9,000 Unfavorable Standard price of direct materials Material price variance 22 Material quantity variance $9,000 Favorable The actual price per pound of direct materials purchased in June was: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $4.21 per pound $4.18 per pound $4.00 per pound $3.79 per pound

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