Please solve this solution clearly and openly

P10-18 Developing Standard Costs in the perfume center of Grasse in southern France. The L'Essence is a small cosmetics company located company plans to introduce a new body oil, called Energique, for which it needs to develop a standard product cost. The fol lowing information is available on the production of Energique a. The Energique base is made by mixing select lanolin and alcohol. Some loss in volume occurs for both the lanolin and the alcohol during the mixing process. As a result, each 100-liter batch of Energique base requires 100 liters of lanolin and 8 liters of alcohol. b. After the base has been prepared, a highly concentrated lilac powder is added to impart a pleasing scent. Only 200 grams of the powder is added to each 100-liter batch. The addition of the lilac powder does not affect the total liquid volume. Both the lanolin and the lilac powder are subject to some contamination from naturally occurring materials. For exampl, the lilac powder often contains some traces of insects that are not detected and removed when the lilac petals are processed. Occasionally such contaminants interact in ways that result in an unacceptable product with an unpleasant odor. About one 100-liter batch in twenty-one is rejected as unsuitable for sale for this c. reason and is thrown away d. It takes a worker(two hours to process one 100-liter batch of Energique. Employees work an ight-hour day, including two hours per day for lunch, rest breaks, and cleanup. d quantity for each of the raw materials needed to produce an 1. Determine the standar acceptable 100-liter batch of Energique. 2. Determine the standard labor time to produce an acceptable 100-liter batch of Energique 3. The standard prices for the materials and the labor in French francs (FF) appear below 80 FF per liter 10 FF per liter 5 FF per gram 60 FF per hour Lanolin Alcohol Lilac powder Direct labor cost Prepare a standard cost card for materials and labor for one acceptable 100-liter batch of Energique (CMA, adapted)