Jeff's planning budget for October was based on the following assumptions: 1. 25,000 gallons of gas sold 2. Price per gallon sold, $4 3. Variable fuel cost per gallon sold, $2 4. Variable labor cost per gallon sold, $0.40 5. Fixed administrative costs, $20,000 Actual gas sales during the month were 30,000 gallons. Suppose the assumption of $0.40 variable labor cost per gallon sold was based on the following assumptions: 1. Wage of $20 per labor hour 2. 0.02 labor hours per gallon sold What is the standard price and the standard quantity?