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Margaret's Wholesale Foods specializes in providing hors d'oeuvres at a wholesale price to caterers. One of Margaret's best sellers is a fruit clair. Her recipe
Margaret's Wholesale Foods specializes in providing hors d'oeuvres at a wholesale price to caterers. One of Margaret's best sellers is a fruit clair. Her recipe calls for 1 pint of pastry cream, 8 ladyfinger cookies, and 2 cups of fruit (strawberries, raspberries, or blueberries). Each recipe makes 8 clairs (one batch). The standard direct materials cost is $0.74 per pint of pastry cream, $0.90 for a box of 24 ladyfingers, and $0.21 for a cup of fruit. The clairs are packed on plastic trays costing $0.34 each. Caterers pick up the clairs immediately so there is no storage or delivery cost to Margaret. It requires one person 6 minutes preparation time and 2 minutes of packaging time for one batch of clairs. The standard wage rate is $15 per hour. Overhead is applied at 50% of direct labor cost. Calculate the standard cost for a batch (8 clairs). (Round answers to 2 decimal places, e.g. 52.75.) Standard cost per batch $
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