Patricia Company uses both standards and budgets. For the year, estimated production of Product X is $535,000$ units. Total estimated cost for materials and labor are $$1,177,000$ and $$1,551,500$ respectively.

Compute the estimates for $($a$)$ a standard cost and $($b$)$ a budgeted cost. $($Round standard costs to $2$ decimal places, e$.$g$.1\mathrm{.}25.)$

$\backslash$table$[[($a$)$ Standard cost,$$,$Materials$],[($b$)$ Budgeted cost $$=,,],[($b$),$$$,]]$