Enrique Industries purchased and consumed 43,000 gallons of direct material that was used in the production of 12,000 finished units of product. According to engineering specifications, each finished unit had a manufacturing standard of four gallons. If a review of Enrique's accounting records at the end of the period disclosed a material price variance of $4,300U and a material quantity variance of $3,000F, what is the actual price paid for a gallon of direct material

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.