Graded by instructor Part 1 of 24 point processes and their respective materials standards are as follows The Wea Bildum Goode Co. manufactures steel bookcases in four successi procese The Materials Standards Frame Forming Department There are terms of 1/10, n/30. (we always take the 1% discount Framing material is purchased in 5-metre lengths, at a cost of $75.00 per 5-mete leg No discount applies to the freight. Freight charges are $55.00 for a bundle of 10, of these 5-metre lengths It takes two 1-metre pieces to make 1 bookcase frame. Shelf Cutting Department Shelving is purchased in sheets which have a delivered cost with all discounts and freight of $100.00 per sheet. There is enough material in 1 sheet to make 1 bookcase Painting Department: Metallic Paint costs $40.00 per gallon. Construction: In the assembling process, six shelves are welded to a frame. The completed bookcase is then hung on a large rack. When 20 bookcases have been placed on a large rack, that rack is wheeled into the paint shop where all of the bookcases on it are spray-painted and then baked dry. It takes 2 gallons to paint all the bookcases on a large rack. Required: Calculate the standard cost of materials for one bookcase. Show 4 decimal places Graded by instructor Part 1 of 2 4 processes and their respective materials standards are as follows The Wea Bildum Goode Co. manufactures steel bookcases in four sus prices fe Materials Standards Frame Forming Department: . . There are terms of 1/10, n/30. (we always take the 1% discount Framing material is purchased in 5-metre lengths, at a cost of $75.00 per m No discount applies to the freight. Freight charges are $55.00 for a bundle of 10, of these 5-metre length It takes two 1-metre pieces to make 1 bookcase trame Shelf Cutting Department per sheet. There is enough material in 1 sheet to make 1 bookcase Shelving is purchased in sheets which have a delivered cost with all discounts and fight of 1100.00 Painting Department: Metallic Paint costs $40.00 per gallon. Construction: In the assembling process, six shelves are welded to a frame. The completed bookcase is then hung on a large rack. When 20 bookcases have been placed on a large rack, that rack is wheeled into the paint shop where all of the bookcases on it are spray-painted and then baked dry. It takes 2 gallons to paint all the bookcases on a large rack. Calculate the standard cost of materials for one bookcase. Show 4 decimal places Required