Part 1 of 211.). The Wea Bildum Goode Co. manufactures steel bookcases in four successive process. These processes and their respective materials standards are as follows: Materials Standards Frame Forming Department: Framing material is purchased in 5-metre lengths, at a cost of $75.00 per 5-metre enth There are terms of 1/10,n/30. (we always take the 1% discount) Freight charges are $55.00 for a bundle of 10 of these 5-metre lengths. No discount applies to the freight. . 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