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Sunland Enterprises purchased 58,000 gallons of direct materials during the year at a price of...

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Accounting

Sunland Enterprises purchased 58,000 gallons of direct materials during the year at a price of $ 2.00 per gallon. Sunlands direct materials price variance was $ 5,800 Favorable. Calculate the standard price per gallon of direct materials. (Round answer to 2 decimal places, e.g. 15.25.)

Standard price $ enter the standard price in dollars per gallon rounded to 2 decimal places /gal

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