Question 1 (4 points) Tang Company accumulates the following data concerning raw materials in making one gallon of finished product. (1) Price-net purchase price $2.70, freight-in $0.70, and receiving and handling $0.20. (2) Quantity-required materials 3.50 pounds, allowance for waste and spoilage 0.90 pounds. Compute the standard materials cost per gallon. a) $4.40 b) $15.84 c) $3.60 d) $16.55 Question 1 (4 points) Tang Company accumulates the following data cor one gallon of finished product. (1) Price-net purch and receiving and handling $0.20. (2) Quantity-req allowance for waste and spoilage 0.90 pounds. 6 Compute the standard materials cost per gallon. SUNO a) $4.40 12 b) $15.84 15 c) $3.60 7 18 d) $16.55 Question 2 (4 points) Simba Company's standard materials cost per unit of output X $4.50). During July, the company purchases and uses 3.105