Lopez Company uses both standards and budgets. For the year, estimated production of Product X is 513,000 units. Total estimated cost for materials and labor are $1,231,200 and $1,590,300. Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, e. g. 1.25.) Materials Labor (a) Standard cost $ $ (b) Budgeted cost

1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?