Elite Brands Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product. At the beginning of the year, the static budget for variable overhead costs included the following data:

Production Volume: 6500 Units

Budgeted variable overhead cost: $15,000

Budgeted direct labor hours: 600 hours

At the end of the year, actual data were as follow:

Production volume: 4000 units

Actual variable overhead cost: $15,400

Actual direct labor hours: 495 hours

How much is the standard cost per direct labor hour for variable overhead? (Round your answer to the nearest cent.)

(a) $25.00

(b) $37.50

(c) $30.30

(d) $25.67

FYI: Please show work