E11-18A (similar to) Question Help Earthern Ware Products is a manufacturer of large flower pots for urban settings. The company has these standards: (Click the icon to view the standards.) Requirements Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead Determine the standard cost of one flower pot 1. 2. Requirement 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. (Round your answers to the nearest cent.) Standard quantity Standard price Standard cost of input per pound Direct materials pound hours Direct labor per hour hours Variable manufacturing overhead per hour hours Fixed manufacturing overhead per hour Requirement 2. Determine the standard cost of one flower pot. (Enter your answer to the nearest cent.) The standard cost of one flower pot is $ Enter any number in the edit fields and then click Check Answer. i Data Table Direct materials (resin) 10.2 pounds per pot, at a cost of $4.40 per pound Direct labor 2.8 hours at a cost of $15.50 per hour Standard variable manufacturing overhead rate $4.00 per direct labor hour Predetermined fixed manufacturing overhead rate .. $6.40 per direct labor hour Grand Ceramics allocates variable and fixed manufacturing overhead to production based on standard direct labor hours. Print Done