Information on Kennedy Company's Direct Material Costs Follows What Was the Actual Purchase Price Per Unit,rounded to the

Multiple Choice

Information on Kennedy Company's direct material costs follows:
$\begin{array}{|l|r|}\hline \text { Standard price per kilogram of raw materials } & \$ 3.60 \\\hline \text { Actual quantity of raw materials purchased } & 1,600 \text { kilograms } \\\hline \text { Standard quantity allowed for actual production } & 1,450 \text { kilograms } \\\hline \text { Materials purchase price variance-favourable } & \$ 240 \\\hline\end{array}$
What was the actual purchase price per unit,rounded to the nearest cent?

A) $3.06.
B) $3.11.
C) $3.45.
D) $3.75.