Shevlin Enterprises purchased 60,000 gallons of direct materials during the year at a price of $2.75 per

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Shevlin Enterprises purchased 60,000 gallons of direct materials during the year at a price of $2.75 per gallon. Bennett's direct materials price variance was $6,000 U.

Required

Calculate the standard price per gallon of direct materials.

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Managerial Accounting

ISBN: 978-1119343615

3rd edition

Authors: Charles E. Davis, Elizabeth Davis

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