Lisa Company accumulates the following data concerning raw m terials in making its finished product....
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Lisa Company accumulates the following data concerning raw m terials in making its finished product. Price per pound of raw materials is net purchase price $ freightin $ and receiving and handling $ Quantity per gallon of finished product is required materials pounds and allowance for waste and spoilage pounds. Compute the following. Round answers to decimal places, es a Standard direct materials price per pound of raw materials. $ b Standard direct materials quantity per gallon. pounds Total standard materials cost per gallon. 
Lisa Company accumulates the following data concerning raw m terials in making its finished product. Price per pound of raw materials is net purchase price $ freightin $ and receiving and handling $ Quantity per gallon of finished product is required materials pounds and allowance for waste and spoilage pounds.
Compute the following. Round answers to decimal places, es
a Standard direct materials price per pound of raw materials. $
b Standard direct materials quantity per gallon. pounds
Total standard materials cost per gallon.
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