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*** Please show how you came to the answer. Will only rate if the answer is correct! *** A company uses 40,000 gallons of materials

*** Please show how you came to the answer. Will only rate if the answer is correct! ***

A company uses 40,000 gallons of materials for which they paid $7.00 a gallon. The materials price variance was $80,000 favorable.What is the standard price per gallon?

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