JLT manufactures a variety of fertilizers for wheat farmers and uses a standard cost system. One of JLT's major inputs to many of it fertilizers is nitrogen, N385-03. JLT started last month with no inventory of nitrogen. It purchased 10,000 liters of nitrogen last month at the beginning of the month in one transaction. JLT reported the following results of operations last month with respect to its purchase and use of N385-03:

N385-03 Price Variance: $2,000 (Favorable) N385-03 Quantity Variance: $600 (Unfavorable) N385-03 Added to work-in-process inventory: $48,000 N385-03 Raw Material Inventory: $11,400

Calculate the following parameters that JLT used last month with respect to N385-03:

a. Standard quantity

b. Actual quantity

c. Actual price

d. Standard price