Dynamic - Problem and answer changes with each attempt (consider an Excel solution) Webb Corporation has a standard costing system. The following data are available for October: Actual quantity of direct materials 20,405 pounds purchased Standard price of direct materials $ 3.00 per pound Material price variance $ 2,383.48 Unfavorable Material quantity variance $ 4,000 Favorable The actual price per pound of direct materials purchased in October was (two decimal places X.XX)