Clear Manufacturing uses powdered plastics (PPS) to manufacture a high-pressure board used in a digital equipment product, Flex 10. Information concerning its operation in June is as follows:

Budgeted units of Flex 10 for June	6,900
Budgeted usage of PPS	62,00	pounds
Actual number of units of Flex 10 manufactured	5,900
PPS purchased and used	58,000	pounds
Total actual cost of PPS used	$ 380,480
Direct materials usage variance—unfavorable	$ 40,180	unfavorable

Clear does not maintain an inventory of materials, so the amount of materials used is equal to the amount of materials purchased. The actual purchase price per pound of PPS used is:

Multiple Choice

$9.47.

$6.56.

$7.27.

$6.55.

$8.20.

Answer rating: 100% (QA)

The actual purchase price per pound of PPS used Total actual cost of PPS usedPPS pu... View the full answer