Question: if you could help show how the answer was gotten please Porter Manufacturing Company uses a standard cost accounting system, During the current yoar, the

if you could help show how the answer was gotten please if you could help show how the answer was gotten please Porter

Porter Manufacturing Company uses a standard cost accounting system, During the current yoar, the company produced 28,000 units. Each unit fook several pounds of direct materials and 2 standard hours of direct labor at a standard hourly rate of $12.00. Normal capacity was 50,000 direct laber hours. During the year, 53608 pounds of raw matodals were puechaned at $1.4 per pound. All materiale purchased were used during the yoar. If the materials price variance was 55234 undavorable, what wat the standard materials price per pound? Round your answer to 2 decimals

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