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FutureWays Manufacturing has the following direct material list: Motor, 1 per unit: $84.79 Casing, 1 per unit: $34.95 Miscellaneous nuts and bolts: $0.52 per unit

FutureWays Manufacturing has the following direct material list:

Motor, 1 per unit: $84.79

Casing, 1 per unit: $34.95

Miscellaneous nuts and bolts: $0.52 per unit

Quantity discount on motors: $1.10 per unit

Freight: $4.25 unit

Labor is provided primarily by robots. Direct labor is .25 hours per unit, mainly for supervision of the robots. Machine downtime is .05 hours per unit. The standard direct labor rate is $25 per hour.

Each unit requires 15 hours of machine time.

Total overhead for the year is $752,000 and is based on machine hours, which are expected to be 800,000 hours for the year. Variable overhead is expected to be $601,000. What is the standard direct material cost?

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