Standard Direct Materials Cost Per Unit from Variance Data The following data relating to direct materials cost for August of the current year are taken from the records of Happy Tots Inc., a manufacturer of plastic toys: Quantity of direct materials used 12,000 lbs. Actual unit price of direct materials $2.30 per lb. Units of finished product manufactured 5,900 units Standard direct materials per unit of finished product 2 lbs. Direct materials quantity varianceunfavorable $410 Direct materials price varianceunfavorable $3,000 Determine the standard direct materials cost per unit of finished product, assuming that there was no work-in-process at either the beginning or the end of the month. Round your answer to the nearest cent. $ per unit