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The following Information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In addition, the variances for one month's

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The following Information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In addition, the variances for one month's production are given. Assume that all Inventory accounts have zero balances at the beginning of the month. Standard Standard Cost Per Monthly Unit Costs Materials $ 6.00 $13,500 Direct Labor 2 hrs @ $2.00 4.00 9,000 Factory Overhead: Variable Fixed 2.00 4,500 5.00 11,250 $17.00 $38,250 Variances: Material price Material quantity Labor rate Labor efficiency $ 330.00 unfavorable $ 600.00 unfavorable $ 600.00 favorable $2,200.00 unfavorable What was the actual price per unit paid for the direct material during the month, assuming all materials purchased were put Into production?

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