ABC Company is working on setting a standard price for Product Z. It can purchase a pound of this product for $12.50. The freight cost per pound is $0.70. By buying is large quantities, the company can get a $0.35 discount per pound. If they pay early, they can get another $0.15 discount per pound. On the standard cost card, the standard price for one pound of Product Z should be listed at $12.85 $13.70