Direct labor Standard Product Cost Sana Rosa Company manufactures unfinished home furniture. Sana flosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows: standard rate $20.00 per h Direct materials (oak): standard time per unit Variable factory overhead: Fixed factory overhead: standard price standard quantity standard rate standard rate 2 hrs. $8.50 per bd, ft. 18bd. $2.80 per direct labor hr. $1.20 per direct labor hr a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. per table b. A standard cost system provides Sana Rosa management a cost control tool using the principle of management by exception major cost deviations from standards can be investigated and corrected. Deck My Work Remember the process discussed in chapter for calculating standard cost Review the benefits of standard cost systems Leaming Objective 2 Using this principle, E