The following standard direct material cost/unit have been established for product N90:

5 pounds of direct material at $10 per pound

During June 1,000 units of product N90 were made, and the quantity variance is favorable $2,000 and price variance is Unfavorable $3,000. All direct material purchased in June was used for producing the 1,000 units. What is the actual price per pound for the direct material?

Group of answer choices

$11

$3

none of other answers

$10

The following standard direct material cost/unit have been established for product N90: 5 pounds of direct material at $10 per pound During June 1,000 units of product N90 were made, and the quantity variance is favorable $2,000 and price variance is Unfavorable $3,000. All direct material purchased in June was used for producing the 1,000 units. What is the actual price per pound for the direct material? $11 $3 none of other answers $10