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Compute the total standard cost per book for Publisher's Company using the following information: 1. Direct Materials: 1 ream of paper allowed per book, at

Compute the total standard cost per book for Publisher's Company using the following information:

1. Direct Materials: 1 ream of paper allowed per book, at $5.00 per ream.

2. Direct Labour: 0.35 labour-hours of input allowed per book, at $17.50 per direct labour hour (DLH).

3. Variable Manufacturing Overhead: assigned at $20 per direct labour hour (DLH)

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