If 50,000 gallons of direct material was purchased and used to produce 11,000 units, the direct material standard is 5gallons per unit, the material price variance was $5,000 unfavorable, and the material quantity variance was $3,000 favorable, the actual price paid for a gallon of direct material was:

• $0.50.
• $0.60.
• $0.70.
• None of the answers is correct.
• Not enough data to calculate.