TB MC Qu. 10-32 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 Standard price of direct materials Material price variance Material quantity variance 40,000 pounds $ 7.00 per pound $ 4,000 Unfavorable $ 7,000 Favorable The actual price per pound of direct materials purchased in June was: Multiple Choice $6.87 per pound