MDA Incorporated processes corn into corn starch and corn syrup. The company's productivity and cost standards follow:

From every bushel of corn processed, ten pounds of starch and five pounds of syrup should be produced.

Standard direct labor and variable overhead total $$0\mathrm{.}50$ per bushel of corn processed.

Standard fixed overhead $($the predetermined fixed overhead application rate$)$ is $$0\mathrm{.}40$ per bushel processed.

Required:

Calculate the standard absorption cost per pound for the starch and syrup produced from the processing of $18,000$ bushels of corn if the average cost per bushel is $$3\mathrm{.}78.$