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Business, 11.05.2021 01:00 autumnplunkett09

Quan Enterprises purchased and consumed 56,000 gallons of direct material that was used in the production of 15,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of four gallons. If a review of Quan's accounting records at the end of the period disclosed a material price variance of $5,600U and a material quantity variance of $2,800F, what is the actual price paid for a gallon of direct material

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Quan Enterprises purchased and consumed 56,000 gallons of direct material that was used in the produ...
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