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Sheridan Enterprises purchased 79,000 gallons of direct materials during the year at a price of $2.00 per gallon. Sheridan's direct materials price variance was $7,110
Sheridan Enterprises purchased 79,000 gallons of direct materials during the year at a price of $2.00 per gallon. Sheridan's direct materials price variance was $7,110 Favorable. Calculate the standard price per gallon of direct materials. (Round answer to 2 decimal places, e.g. 15.25.) Standard price +A /gal
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