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

Actual quantity of direct materials purchased	20,000	pounds
Standard price of direct materials	$3	per pound
Material price variance	$2,000	unfavorable
Material quantity variance	$4,000	favorable

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

$2.83

$3.00

$3.10

$3.17