Danny's Delights is a wholesale bakery. Danny makes a veriety of baked goods which he sells to restaurants and grocery stores. His best selling pie is a peanut butter cokkie. The recipe calls for 1 cup peanut butter, 1 cup of sugar and 1 egg. Each recipe makes a batch of one dozen cookies. Danny's standard direct materials cost for batch of cookies is $0.90 for peanut butter, $0.15 for sugar, and $0.10 for an egg. In addition the cookies are packaged by the dozen in cardboard containers costing $0.25 each. One batch of cookies requires 4 minutes preparation time and 8 minutes of cooking time and 3 minutes of packaging time. The standard wage rate is $8 per hour. Overhead is applied at 50% of direct labor cost. Calculate the standard cost for a batch (1 dozen) of peanut butter cookies.