A cost analyst for Stamper Manufacturing Company has assembled the following data about the Model $24$ stamp pad:

The piece of sheet metal from which eight pad cases can be made costs $$0\mathrm{.}18.$

This amount is based on the number of sheets in a $4,000-$pound bundle of sheet metal, which is the usual purchase qua

The foam pad that is put in the case costs $$0\mathrm{.}05,$ based on the number of pads that can be cut from a large roll of foam.

Production standards, based on engineering analysis recognizing attainable performance, provide for the manufacture $2,000$ pads by two workers in an eight$-$hour shift. The standard direct labor pay rate is $$14$ per hour.

Manufacturing overhead is applied to units produced using a predetermined overhead application rate of $$18$ per direct hour, of which $$8$ per hour is fixed manufacturing overhead.

Required:

a$.$ Calculate the standard absorption cost of a package of $12$ stamp pads.

b$.$ Stamper Manufacturing Company's management is considering a special promotion that would result in increased sales $1,000$ packages of $12$ pads per package. Calculate the cost per package that is relevant for this analysis.

Note: For all requirements, do not round intermediate calculations. Round final answer to $3$ decimal places.

a$.$ Standard absorption cost per package

b$.$ Relevant cost per package