f/15 View Policies Current Attempt in Progress Tang Company accumulates the following data concerning raw materials in making its finished product: (1) Price per pound of raw materials-net purchase price $3.20, freight-in $0.30, and receiving and handling $0.40. (2) Quantity per gallon of finished product- required materials 3.20 pounds, allowance for waste and spoilage 0.70 pounds. Compute the following. (Round answers to 2 decimal places, eg. 1.25.) $ (a) pounds Standard direct materials price per pound of raw materials. Standard direct materials quantity per gallon Total standard materials cost per gallon. (c) eTextbook and Media Attempts: 0 of 3 used Sunil Anuwer Save for Later