Tang Company accumulates the following data concerning raw materials in making one gallon of finished product. (1) Price-net purchase price $2.30, freight-in $0.60, and receiving and handling $0.30. (2) Quantity-required materials 3.20 pounds, allowance for waste and spoilage 0.80 pounds Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) (a) Standard direct materials price per gallon. (b) Standard direct materials quantity per gallon. (c) Total standard materials cost per gallon pounds Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price-hourly wage rate $13.10, payroll taxes $0.70, and fringe benefits $1.40. (2) Quantity-actual production time 1.50 hours, rest periods and cleanup 0.30 hours, and setup and downtime 0.20 hours Compute the following. (Round answers to 2 decimal places, e.g. 1.25.) (a) Standard direct labor rate per hour (b) Standard direct labor hours per gallon. (c) Standard labor cost per gallon hours Simba Company's standard materials cost per unit of output is $9.89 (2.30 pounds x $4.30). During July, the company purchases and uses 2,070 pounds of materials costing $10,971 in making 1,000 units of finished product. Compute the total, price, and quantity materials variances. (Round per unit values to 2 decimal places, e.g.52.75 and final answers to O decimal places, e.g. 52.) Total materials variance Materials price variances Materials quantity variance s