Brief Exercise 23-2 Tang Company accumulates the following data concerning raw materials in making its finished product: (1) Price per pound of raw materials-net purchase price $2.59, freight-in $0.52, and receiving product-required materials 3.34 pounds, allowance for waste and spoilage 0.70 pounds. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) (a) Standard direct materials price per pound of raw materials. (b) Standard direct materials quantity per gallon. pounds (c) Total standard materials cost per gallon. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT INTERACTIVE TUTORIAL Question Attempts: 0