list marc Pace Company makes a dry cleaning solution known as PERC. Pace gathers the following raw materials data in making one gallon of PERC. Purchase Price $4 per pound Shipping Cost $1 per pound Materials 3.7 pounds Materials Evaporation .3 pounds at is Pace gathers the following labor data in making one gallon of PERC. Hourly Pay Rate $10 per hour Fringe Benefits $1 per hour Payroll Taxes $0.40 per hour Production Time 1.6 hours Fresh Air Breaks 2 hours Clean Up Time .8 hours slut is What is What i Wat 422 Pace Company (continued) C. in materials price standard is the cost per unit of direct What is the standard direct materials price per gallon? (Note: The materials used in making one unit of the finished product.) What is the standard direct materials quantity per gallon? 3. What is the total standard materials cost per gallon? 4. What is the standard direct labor rate per hour? 5. What is the standard direct labor hours per gallon? 6. What is the standard labor cost per gallon