Chapter 22 Homework ebook Show Me How Standart Direct Materials Cost per Unit from Variance Data The following data relating to direct materiais cost for October of the current year are taken from the records of Good Clean Fun Inc., a manufacturer of organic toys: Quantity of direct material used Actual unit price of direct materials 8,400 s $2.5 per 4,030 units Units of finished product manufactured Standard direct materials per unit of finished product Direct materials quantity variance-unfavorable Direct materials price variance-favorable 2 lbs $918 $1,600 Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in process at either the beginning or the end of the month. If requred, round your standard cost per unit answer to two decimal places Product finished Standard finished product for direct materials used Deficiency of finished product for materials used Standard cost for direct materials 0000 units units units per unit