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 20,000 pounds $ 7.00 per pound $ 5,000 Unfavorable $ 2,500 Favorable The actual price per pound of direct materials purchased in June was: Multiple Choice O $7:32 per pound O $6.68 per pound O $7.00 per pound