1. Grow Right Products is a manufacturer of large flower pots for urban settings. The company has these standards (Click the icon to view the standards.) 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. Requirement 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. (Round your answers to the nearest cent.) Standard cost of input = Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Requirement 2. Determine the standard cost of one flower pot. (Enter your answer to the nearest cent.) The standard cost of one flower pot is$ pound hour hour hour per pound - per hour - per hour- per hour- 1: Data Table Direct materials (resin). . . . . . .. . . . . . . . . . . . 9.6 pounds per pot at a cost of $4.55 per pound Direct labor. . . . . . . . _ . . . . . . . . . . . . . . . . . . . . . .. . . 1.0 hour at a cost of $15.80 per hour Standard variable manufacturing overhead rate . . $3.40 per direct labor hour Predetermined fixed manufacturing overhead rate $6.00 per direct labor hour Grow Right allocates variable and fixed manufacturing overhead to production based on standard direct labor hours (2) O Variable overhead Actual quantity O Standard quantity Total overhead ( Actual price O Fixed overhead O Standard price