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Swifty Enterprises purchased 78,000 gallons of direct materials during the year at a price of $2.00 per gallon. Swifty's direct materials price variance was $7,800

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Swifty Enterprises purchased 78,000 gallons of direct materials during the year at a price of $2.00 per gallon. Swifty's direct materials price variance was $7,800 Favorable. Calculate the standard price per gallon of direct materials. (Round answer to 2 decimal places, e.g. 15.25.) Standard price \$ /gal

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