Triphate solution $.45 per quart Sobase granules .90 per pound Methage 1.40 per

Triphate solution $.45 per quart Sobase granules .90 per pound Methage 1.40 per ounce Bottle .25 eachRequired: a. Using the preceding data calculate the raw material cost for one bottle of the new cleaner.b. Assume that the preceding costs are the current best estimates of the costs at which required quantities of the raw material can be purchased. Would you recommend that any other factors be considered in establishing the raw material cost standard for the new cleaner?c. Explain the process that would be used to develop the direct labor cost standard for the new product.