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What was the actual price per pound of the direct material

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Question 1: During June 2,000 units of product N90 were made, and the quantity variance is favorable $2,000 and price variance is unfavorable $9,800. All direct material purchased in June was used for producing the 2,000 units. What was the actual price per pound of the direct material?

Group of answer choices

Option 1: $9/pound

Option 2: $9.8/pound

Option 3: $10/pound

Option 4: $11/pound

Reference no: EM132536279

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