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The Wright Company has a standard costing system. The following data are available for September: Actual quantity of direct materials purchased 60,000 pounds Standard price

The Wright Company has a standard costing system. The following data are available for September:

Actual quantity of direct materials purchased 60,000 pounds
Standard price of direct materials $2 per pound
Material price variance $6,000 unfavorable
Material quantity variance $3,000 favorable

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

$1.88

$2.00

$2.10

$2.12

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