What is actual cost of the Direct Materials Used per pound

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Reference no: EM133132099

Question - Sunny Corporation has collected the following data for one of its products:

Direct materials standard (2 pounds per unit @ $0.53/lb.) $1.06 per finished good

Direct materials flexible budget variance - unfavorable $14,000

Actual Direct Materials Used (AQU) 40,000 pounds

Actual finished goods produced 23,000 units

Required - What is the actual cost of the Direct Materials Used (AQU) per pound?

Reference no: EM133132099

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