Question 3 - 25 View Policies Current Attempt In Progress Danny's Delights is a wholesale bakery. Danny makes a variety of baked goods which he sells to restaurants and grocery stores. His best-selling item is a peanut butter cookie. The recipe calls for 1 cup of peanut butter, 1 cup of sugar and 1 e Cach recipe makes a batch of one dozen cookies. Danny's standard direct materials cost for batch of cookies is $0.90 for peanut butter $0.16 for sugar and $0.10 for an ere. In addition, the cookies are packaged by the dozen in cardboard containers costing 50.25 each. One batch of cookies requires 4 minutes preparation time, 8 minutes of cooking time, and 3 minutes of packaging time. The standard wage rate is $8 per hour Overhead is applied at 50% of direct labor cost Calculate the standard cost for a batch (1 dozens of peanut butter cookies Standard cost for a dozen cookies $