The standard cost card for one unit of a finished product shows the following:

	Standard Quantity or Hours	Standard Price or Rate	Standard Cost per Unit
Direct materials	11 pounds	$ ?? per pound
Direct labor	1.5 hours	$20 per hour
Variable manufacturing overhead	1.5 hours	$6 per hour
Total			$116

If the total standard variable cost for one unit of finished product is $116, then the standard price per pound for direct materials is $__________.