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Lemke Industries purchased and consumed 7 2 , 0 0 0 gallons of direct material that was used in the production of 1 5 ,

Lemke Industries purchased and consumed 72,000 gallons of direct material that was used in the production of 15,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of five gallons. If the material price variance is $7,200U and the material quantity variance is $2,400F, what is the actual price paid for a gallon of direct material?

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