TB MC Qu. 10-32 (Algo) Suver Corporation has a standard ... Suver Corporation has a standard costing system. The following data are available for June: Actual quantity of direct materials purchased 40 , 000 pounds Standard price of direct materials $ 5.00 per pound Material price variance $ 8,000 Unfavorable Material quantity variance $ 3,500 Favorable The actual price per pound of direct materials purchased in June was: Multiple Choice O $4.77 per pound O $5.00 per pound O $5.20 per pound O $5.23 per pound