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Sheridan's standard quantities for 1 unit of product include 3 pounds of materials and 2.0 labor hours. The standard rates are $3 per pound and

Sheridan's standard quantities for 1 unit of product include 3 pounds of materials and 2.0 labor hours. The standard rates are $3 per pound and $9 per hour. The standard overhead rate is $10 per direct labor hour. The total standard cost of Sheridan product is

a. $27.00

b. $38.00

c. $47.00

d. $22.00

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