[The following information applies to the questions displayed below.] Lakeway Manufacturing Co. manufactures and sells household cleaning products. The company's research department has developed a new cleaner for which a standard cost must be determined. The new cleaner Is made by mixing 14 quarts of triphate solution and 3 pounds of sobase granules and bollng the mixture for several minutes. After the solution has cooled, 2 ounces of methage are added. Thls "recipe" produces 5 quarts of the cleaner, which is then packaged In one-quart plastic dispenser bottles. Raw material costs are: Triphate solution 0.37 per quart Sobase granules 0.78 per pound Methage Bottle 1.04 per ounce 0.21 each