The following data relating to direct materials cost for October of the current year are taken from the records of Good Clean Fun Inc., a manufacturer of organic toys:

Quantity of direct materials used 6,800 lbs.

Actual unit price of direct materials $3.4 per lb.

Units of finished product manufactured 3,260 units

Standard direct materials per unit of finished product 2 lbs.

Direct materials quantity varianceunfavorable $1,008

Direct materials price variancefavorable $1,360

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

SOLVE:

Product finished ____ units

Standard finished product for direct materials used ______ units

Deficiency of finished product for materials used _______ units

Standard costfor direct materials$______per unit