Required 1. Determine the total standard direct materials cost per unit for next

Required 1. Determine the total standard direct materials cost per unit for next year. 2. Suppose that because TickTock has guaranteed Hardware Inc. that it will purchase 2500 sets of clock hands next year the cost of a set of clock hands has been reduced by 20 percent. Find the standard direct materials cost per clock.3. Suppose that to avoid the increase in the cost of spring assemblies TickTock purchased substandard ones from a different manufacturer at $50 each; 20 percent of them turned out to be unusable and could not be returned. Assuming that all other data remain the same compute the standard direct materials unit cost. Spread the cost of the defective materials over the good units produced.