Enrique industries purchased and consumed 50,000 gallons of direct material that was used in the production of 11,000 finished units of product. according to engineering specifications, each finished unit had a manufacturing standard of five gallons. if a review of enrique's accounting records at the end of the period disclosed a material price variance of $5,000u and a material quantity variance of $3,000f, what is the actual price paid for a gallon of direct material?

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

What is your sorry if i didn't see the question in the problem.