C&C Furniture Company manufactures unfinished oak furniture. C&C Furniture Company uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows;

Direct Labor: Standard rate $16.00 per hour

Standard time per unit 5 hours

Direct Materials Standard price $12.50 per bd.ft.

Standard quantity 20 bd. ft.

Variable factory Overhead: Standard rate $2.40 per direct labor hour

Fixed Factory Overhead Standard rate $1.10 per direct labor hour.

Determine the total standard cost per dining room table

Question 15 options:

	$250.00
	$347.50
	$271.00
	$330.00