Belmont Company uses a standard cost system for manufacturing its single product, called Zoom. Company assigns factory overhead cost using predetermined overhead rates based on machine hours. The following data are available for current year: Standards per unit of product for planned production of 33,000 units: Actual results for the current year: - Produced 32,800 Units - Purchased 150,000 pounds of raw materials at $10.50 per pound Compute standard cost for production of each unit of Zoom. Example of Answer: 4.67 or 0.30 or 2.00 (Two decimal points. No comma, space, or $ sign)