following standards (one "unit" is a batch of 100 teapots): Anderson Manufacturing produces ceramic teapots. Anderson allocates overhead based on the number of direct labor hours. The company is looking into using a standard cost system and has developed the (Click the icon to view the standards.) Actual cost and operating data from the most recent month are as follows: (Click the icon to view the actual results) All manufacturing overhead is allocated on the basis of direct labor hours Read the mana Requirement 1. Calculate the standard cost of one batch. Standard cost Direct materials Direct labor Variable MOH Fixed MOH Total standard cost Standard cost per batch