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The Steward Canoe Company sells one type of canoe. The following data are available for June: Actual quantity of canoes purchased and sold 3 0

The Steward Canoe Company sells one type of canoe. The following data are available for June:
Actual quantity of canoes purchased and sold 300
Budgeted purchase price for canoes = $65
Variable cost price variance = $1,200 unfavorable
Variable cost volume variance = $3,250 unfavorable
What was the actual purchase price per canoe during June?
$69.00
$70.20
$73.50
$57.00

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