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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

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 Cost Per Unit Standard Monthly Costs
Materials $ 9.00 $ 28,800
Direct Labor 2 hrs. @ $2.50 4.00 12,800
Factory Overhead:
Variable 2.00 6,400
Fixed 5.00 16,000
$ 20.00 $ 64,000
Variances:
Material price 330.00 unfavorable
Material quantity 900.00 unfavorable
Labor rate 660.00 favorable
Labor efficiency 2,640.00 unfavorable

What was the actual price per unit paid for the direct material during the month, assuming all material purchased were put into production?

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