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 $20.00 per hour

Standard time per unit 4 hours

Direct Materials Standard price $14.50 per bd.ft.

Standard quantity 18 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 16 options:

	$261.00
	$347.50
	$355.00
	$341.00