Calculate the standard price per gallon of direct materials

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Reference no: EM133417358

Question: Current Attempt in Progress Swifty Enterprises purchased 50,000 gallons of direct materials during the year at a price of $2.00 per gallon. Swifty's direct materials price variance was $4,000 Favorable. Calculate the standard price per gallon of direct materials.

Reference no: EM133417358

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