eBook Show Me How Question Content Area Standard Product Cost Designer Furniture Company manufactures designer home furniture. Designer Furniture uses a standard cost system. The direct labor, direct materials, and factory overhead standards for a finished dining room table are as follows: Line Item Description Classification Value Direct labor: standard rate $$20\mathrm{.}00$ per hr$.$ Direct labor: standard time per unit $3\mathrm{.}50$ hrs$.$ Direct materials $($oak$)$: standard price $$10\mathrm{.}00$ per bd$.$ ft$.$ Direct materials $($oak$)$: standard quantity $17$ bd$.$ ft$.$ Variable factory overhead: standard rate $$2\mathrm{.}40$ per direct labor hr$.$ Fixed factory overhead: standard rate $$1\mathrm{.}20$ per direct labor hr$.$ a$.$ Determine the standard cost per dining room table. Round to two decimal places. fill in the blank $$--------$ per tableStandard Direct Materials Cost per Unit

Roanoke Company produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk. The standard costs for a batch of chocolate $(7,300$ bars$)$ are as follows:

Determine the standard direct materials cost per bar of chocolate. If required, round to the nearest cent.

$x$ per bar

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Remember the process discussed in chapter for calculating standard direct materials cost per unit.

Learning Objective $2.$