1. Swifty Industries purchases Solvate, a chemical compound used in several of its products, from ChemMaster. ChemMaster has just increased the list price of Solvate to $10.00 per gallon. However, because Swifty purchases a high volume of Solvate, ChemMaster grants the company a 13% discount off the list price. Charges for shipping Solvate from ChemMaster to Swifty's factory are $400 for a shipment of twenty-five 50-gallon drums. Special storage requirements cost $0.70 per gallon.

Calculate Swifty's standard price for a gallon of Solvate. (Round answer to 2 decimal places, e.g. 3.51.)

Standard price per gallon

$

3. 
   

Answer rating: 100% (QA)

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