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Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased Standard price of direct materials

Suver Corporation has a standard costing system. The following data are available for June:
Actual quantity of direct materials purchased Standard price of direct materials
Material price variance
Material quantity variance
60,000 pounds
$2.00 per pound $6,000 Unfavorable
$3,000 Favorable
The actual price per pound of direct materials purchased in June was:
Multiple Choice
$1.88 per pound
$2.00 per pound
$2.10 per pound
$2.12 per pound
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