Standard Direct Materials Cost per Unit from Variance Data

The following data relating to direct materials 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 materials used	5,100 lbs.
Actual unit price of direct materials	$4.60 per lb.
Units of finished product manufactured	2,450 units
Standard direct materials per unit of finished product	2 lbs.
Direct materials quantity varianceunfavorable	$960
Direct materials price variancefavorable	$1,020

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 required, round your standard cost per unit answer to two decimal places.

Product finished	fill in the blank 1	units
Standard finished product for direct materials used	fill in the blank 2	units
Deficiency of finished product for materials used	fill in the blank 3	units
Standard cost for direct materials	$fill in the blank 4	per unit