Managerial Accounting Chapter 11 E-11-17-A Watermate is a manufacturing company for large flower pots for urban settings. The company has these standards: Direct Materials (resin): 11.4 pounds per pot, at a cost of $4.55 per pound Direct Labor: 1.6 hours at a cost of $15.00 per hour Standard Variable MOH Rate: $2.60 per direct labor hour Predetermined fixed MOH Rate: $6.75 per direct labor hour Requirements 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. 2. Determine the standard cost of one flower pot.