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Scarlett Company has a direct materials standard of 3 gallons of input at a cost of $7 per gallon. During July, Scarlett Company purchased and

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Scarlett Company has a direct materials standard of 3 gallons of input at a cost of $7 per gallon. During July, Scarlett Company purchased and used 7,580 gallons. The direct materials quantity variance was $560 unfavorable and the direct materials price variance was $3,790 favorable. What price per gallon was paid for the purchases? $6.50 O $4.40 O $7.00 $7.40

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