Tang Company accumulates the following data concerning raw materials in making one gallon of finished product: (1) Pricenet purchase price $2.52, freight-in $0.36, and receiving and handling $0.45. (2) Quantityrequired materials 2.98 pounds, allowance for waste and spoilage 0.50 pounds. Compute the following. (Round answers to 2 decimal places, e.g. 1.25.)

Compute the followi ng (Round to 2decinnal places, Standard direct mate (b) Standard direct mate quantity per gal Total standard mater st per gallo I 25.) ion of finished product 52, freightin 5035, and ing 50.45, 12) Quantity-req 2.98 pounds, spoil 9- 0.50