The Morgan Company plans to purchase material X in 5-gallon drums (1,000 at a time)

at an invoice price of $21 per drum and to take a 2% cash discount by paying for the material within 10 days. Freight and receiving costs for a shipment of |,000 drums should total $920. During April, a rush order for one of Morgan's products caused an emergency cash purchase of |,000 gallons of material X from an alternate supplier. The alternate supplier delivered the material the next day, charging Morgan $4,500 with no cash discount. Freight and receiving costs totaled $180.

Required: (1) Compute the direct materials price standard (per gallon) for material X.

(2) Compute the direct materials price variance related to the emergency purchase.

 TKY-1