CityScapes is a manufacturer of large flower pots for urban settings. The company has these standards:

Direct materials (resin)......................................................... 15 pounds per pot at a cost of $ 5.00

per pound Direct labor...................................................................... 2.0 hours at a cost of $ 13.00

per hour Standard variable manufacturing overhead..................... $ 6.00 per direct labor hour

Predetermined fixed manufacturing overhead rate........................ $ 7.00 per direct labor hour

CityScapes allocates fixed manufacturing overhead to production based on standard ­direct labor hours.

Requirements

1. Compute the standard cost of each of the following inputs per bottle: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.

2. Determine the standard cost of one flower pot.