Krystal Fabrics manufactures a specialty monogrammed blanket. The following are the cost standards for this$$ blanket:

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Actual results from last$$ month's production of $1$ comma $8001,800$ blankets are as$$ follows:

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Read the requirements LOADING... $.$

Question content area bottom

Part $1$

Requirement $1.$What is the standard direct material cost for one$$ blanket? $($Round your answer to the nearest$$ cent.$)$

The standard direct material cost for one blanket is