Calculate the standard unit cost

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Reference no: EM131214338

Using the following information, calculate the standard unit cost of this product.

Direct material quantity standard: 5 pounds per unit

Direct material price standard: $10.20 per pound

Direct labor time standard: 0.2 hour per unit

Direct labor rate standard: $10.75 per hour

Variable overhead rate standard: $7.00 per machine hour

Fixed overhead rate standard: $11.00 per machine hour

Machine hour standard: 3 hours per unit

Reference no: EM131214338

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