Each chair by Rose Supply requires the costs shown. In the past month, the company produced 1.200 chairs and incurred total costs of $60,000. Standard Quantity per Cost Standard Price $7.50 per sq. 2.5 sq. yds. Direct materials yd. Direct labor $9.50 per hr. 2.2 hrs. Factory overhead $4.80 per hr. 2.2 hrs. a.) Calculate the standard cost per unit. b.) Determine if the company has a favorable or unfavorable cost variance for the month. HTML Editora