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The Custom Company produces cotton/polyester blend T-shirts to supply a custom T-shirt customer. The company experienced a computer failure and some of the data

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The Custom Company produces cotton/polyester blend T-shirts to supply a custom T-shirt customer. The company experienced a computer failure and some of the data were lost and could not be recovered. The data the company were able to recover are shown below: (Click the icon to view more information.) Read the requirements. Requirement 1. Calculate the actual price per square yard of direct materials. (Round your answer to the nearest cent. Abbreviations used: bud. = budgeted; DL = direct labor; DM = direct materials; qty - quantity; sq. = square; std = standard; yd. = yard.) Actual input qty bud. price DM price variance Actual price Actual qty of DM purchased = per sq yd

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