GrandScapes is a manufacturer of large flower pots for urban settings. The company has these standards:
Direct materials (resin)..................................... 8 pounds per pot at a cost of $ 6.00 per pound
Direct labor...................................................... 2.0 hours at a cost of $ 15.00 per hour
Standard variable manufacturing overhead rate..............$ 4.00 per direct labor hour Predetermined fixed manufacturing overhead rate............$ 8.00 per direct labor hour

GrandScapes 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 pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.
2. Determine the standard cost of one flower pot.