The faucets are made from brass. Manufacturing has 70 employees. Each employee presently provides 32 hours of labor per week. Information about a production week is as follows: Line Item Description Value Standard number of lbs. of brass 2.1 lbs. Standard price per lb. of brass $12.50 Standard wage per hour $15.00 Standard labor time per unit 20 min. Actual price per lb. of brass $12.75 Actual lbs. of brass used during the week 15,574 lbs. Number of units produced during the week 7,200 Actual wage per hour $15.45 Actual hours for the week (70 employees 32 hours) 2,240 Required: a. Determine the standard cost per unit for direct materials and direct labor. Round the cost per unit to two decimal places. Line Item Description Cost per