The probability of the first draw is 100%, because the bead will be either red or white. For the second draw, a different color must be drawn.
So, if draw 1 is white, then the probability of draw 2 being red is 7/10. and if the first draw is red, then the probability of draw two being white is 5/10.
1 pound is $2.39 so divide by 2 and round up to the nearest whole number which is $1.12. Add $1.12(The cost of 0.5 pounds) to $2.39(The cost of 1 pound) to get $3.51 as your total.