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Compute the total standard cost per book for Publisher’s Company using the following information:Direct Materials:1 ream of paper allowed per output unit manufactured, at $5.00 per ream.Direct Mfg. Labour: 0.35 labour-hours of input allowed per output unit finished, at $17.50 standard cost per hour.Variable Manufacturing: assigned on the basis of 0.25 per hours per ream at $25 standard cost per hour.