1. Calculate the standard cost per batch of 10,000 bottles using the current data (before the company makes any changes). Include direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit. 2. Calculate the standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used. Include direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit. 3. Calculate the cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change). Assume that the total cost to implement the changes would be $106,400. How many batches of bottles would need to be produced after the changes to have the cost savings total equal the cost to make these changes? 4. What other benefits might arise from making this change to using less plastic in the manufacture of the bottles? Are there any risks? What would you recommend the company do? More info Current bottle production information: The cost and time standards per batch of 10,000 bottles are as follows: Requirement 4. What other benefits might arise from making this change to using less plastic in the manufacture of the bottles? Are there any risks? The company will recognize cost savings once batches have been produced. Not only will the company reap financial benefits, but also the company will The company faces the risk that Melford Containers currently uses a recycled plastic to make bottles for the food industry. (Click the icon to view the current bottle production information) hours (DLH). cost per unit. manufacturing overhead in the standard cost per unit. (Round interim calculations to two decimal places and the final answers to the nearest whole dollar.) The cost savings per batch is