Tommy's Toys produces two types of toys: trains and dolls. Tommy's uses stainless steel to manufacture the trains and plastic to manufacture the dolls. Information regarding the usage of steel and plastic for the past year follows:

Product Names	Steel	Plastic
Direct materials information
Standard pounds per unit	3 lb.	1.5 lb.
Standard Price (SP) per pound	$3.75	?
Actual Quantity (AQ) used per unit	2 lbs.	3 lbs.
Actual Price (AP) paid for material	$2.50	$2.50
Actual Quantity Purchased (AQP) and used	2,700 lbs.	1,500 lbs.
Price variance	?	$9,750 F
Quantity variance	$1,406 U	?
Flexible budget variance	?	$3,337 F
Number of units produced	375	475

What is the standard direct material price per pound for the plastic in the dolls?

A.

$ 2.65$2.65/lb.

B.

$ 0.15$0.15/lb.

C.

$ 9.00$9.00/lb.

D.

$ 20.53$20.53/lb.