XYZ, Inc., processes soy beans into Product A and Product B and the company's productivity and cost standards follow:

• From every bushel of beans processed, 6 pounds of Product A and 4 pounds of Product B should be produced.
• Standard direct labor and variable overhead total $0.85 per bushel of beans processed.
• Standard fixed overhead (the predetermined fixed overhead application rate) is $0.70 per bushel processed.

Calculate the standard absorption cost per pound for Product A and Product B produced from the processing of 24,000 bushels of beans if the average cost per bushel is $3.75.