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Hodge Confections is known for its creamy milk chocolate fudge. Hodge sells its fudge to local retailers. A unit of fudge is a 10-pound batch.

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Hodge Confections is known for its creamy milk chocolate fudge. Hodge sells its fudge to local retailers. A "unit" of fudge is a 10-pound batch. The standard quantities of ingredients for a batch include 7 cups of sugar, 23 ounces of chocolate chips, 16 ounces of butter, and 18 ounces of evaporated milk. The standard costs for each of the ingredients are as follows: $0.17 per cup of sugar, $0.18 per ounce of chocolate chips, $0.11 per ounce of butter, and $0.14 per ounce of evaporated milk. Calculate the standard direct material cost per batch of fudge. (Enter all dollar amounts to two decimal places.)

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