Lemke Industries purchased and consumed 45,000 gallons of direct material that was used in the production of 12,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of four gallons. If the material price variance is $4,500U and the material quantity variance is $2,100F, what is the actual price paid for a gallon of direct material? Multiple Choice None of the answers is correct $0.80 Not enough information to judge $0.50 $0.70