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Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @$5.00 per Ib.) Direct labor (2.0 hrs.

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Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @$5.00 per Ib.) Direct labor (2.0 hrs. @ $12.00 per hr.) Overhead (2.0 hrs. @ $18.50 per hr.) Total standard cost $20.00 24.00 37.00 $81.00

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