Tradition Coffee purchases green coffee beans from various suppliers and then roasts the coffee beans in its roasting facility.

Requirement $1.$ What is the standard cost of producing one $20-$pound case of roasted coffee beans?

First, select the formula to calculate the standard cost of input. Then calculate the standard cost of each input. Finally, calculate the total standard cost of producing one $20-$pound case of roasted coffee beans. $($Round your answers to the nearest cent.$)$

$\backslash$table$[[,$Standard quantity,$x,$Standard price,Standard cost of input$],[$Direct materials,pounds,$x,$per pound,$=$