Enabled: Exam 4-Chp. 7, 8. & 100 Sever The standard cost card for one unit of a finished product shows the following Standard Quantity or Standard Price or Help Save & Ex Direct labor Direct materials Variable manufacturing overhead Hours 12 feet 1.5 hours 1.5 hours Rate $7 per foot $12 per hour $8 per hour If the total standard variable cost for one unit of finished product is $78, then the standard price per foot for direct materials is Multiple Choice