The following data relating to direct materials cost for November of the current year are taken from the records of Play Tyme Inc., a manufacturer of plastic toys:

Quanity of direct materials used- 4200 lbs.

Actual unit price of direct materials- $2.5 per lb.

Units of finished product manufactured- 2,020 units.

Standard direct materials per unit

of finished product- 2 lbs.

Direct materials quantity variance- unfavorable- $432.

Direct materials price variance- favorable- $840.

Determined the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in process at either the beginning or the end of the month. If required, round your standard cost per unit answer to two decimal places.

The following data relating to direct materials cost for November of the current year are taken from the r Quantity of direct materials used Actual unit price of direct materials Units of finished product manufactured Standard direct materials per unit of finished product Direct materials quantity variance-unfavorable Direct materials price variance-favorable 4,200 lbs. $2.5 per lb. 2,020 units 2 lbs. $432 $840 Determine the standard direct materials cost per unit of finished product, assuming that there was no inven Product finished Standard finished product for direct materials used units 2,100 V units Deficiency of finished product for materials used units Standard cost for direct materials per unit r Check My Work Remember the process discussed in chapter for calculating standard direct materials cost per unit