Artisan Cotfee purchases green cotfoe beans from various suppliers and then roasts the coffee beans in its roasting facility. (i) (Click the icon to view the manulacturing information.) Read the tequirements. Requirement 1. What is the standard cost of producing one 25-pound case of roasted colfee beans? Finst, select the formula to calculato the standard cost of input. Then calculate the standard cost of each input. Finally, calculate the total standard cost of producing one 25 -pound case of roasted colles beans. (Round your answers to the nearest cent.) More info The roassed beans are sold in 25-pound cases to grocery siores and restaurants for $70 per case. Each case of rossted coltee beans requires 10 pounds of untosnted green cotlee beans. The company can purchase the green cotlee beams, induding freghe-h and purchase discounts, for $3.50 per pound. Each case of roastide colfee beans requiros 0.50 hours of Grect labor in the production process. Direct laboren ave paid 525 per hout, which includes payroll taves and employee benefits. The company uses machine hours to alocale its manufacturing orerhegd. Each cate of roosted oofeet beshe requires 0.30 mischine hours to produce. The comparry expects to produce 600,000 cases of romited collee beare in the upconing year, At this production volume, ine compary expects total varisbie manufacturieg overtesed to be 34,000.000 for the Year, The compary also expects to incur $60.000 of foed manufacturing overinas por month or $720,000 for the yewi