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Spruce Company accumulated the following data concerning raw materials in making one quart of finished product. (1) Price-purchase price $3.00; terms 2/10,n/30; freight-in $0.25; and

image text in transcribed Spruce Company accumulated the following data concerning raw materials in making one quart of finished product. (1) Price-purchase price $3.00; terms 2/10,n/30; freight-in $0.25; and receiving and handling $0.10. (2) Quantity-required materials 2.7 pounds, allowance for waste and spoilage 0.3 pounds. Compute the following: Standard direct materials price per quart. Standard direct materials quantity per quart. Total standard materials cost per quart

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