Your answer is incorrect. Tang Company accumulates the following data concerning raw materials in making one gallon of finished product (1) Price-net purchase price $2.50, freight-in $0,30, and receiving and handling 50,30.(2)Quantity-required materials 3.40 pounds, allowance for waste and spoilage 0.70 pounds. Compute the following (Round answers to 2 decimal places, eg. 1.25.) (a) Standard direct materials price per gallon. $ (b) Standard direct materials quantity per gallon. pounds (c) Total standard materials cost per gallon