The Swenson Corporation has a standard costing system. The following data are available for June:

Actual quantity of direct materials purchased 60,000 pounds Standard price of direct materials $7 per pound Material price variance $6,000 unfavorable Material quantity variance $7,000 favorable

The actual price per pound of direct materials purchased in June is: (Round your answer to 2 decimal places.)

-$6.88 -$7.00 -$7.10 -$7.12