Fickle Factory Ltd produces unique large ceramic frogs. The accountant has collected the following information regarding standard costs.

Production input	Standard cost
Direct materials	2 kilos of raw material Each kilo = $5
Direct labor	1 hour Direct labor is charged at $10 per hour
Variable overhead	$2 per direct labor hour
Fixed overhead	$4 per frog

Total fixed overhead for the year is estimated to be $80 000.The selling price for each frog is $45.

What is the standard cost for one frog?

Group of answer choices

$20

$22

$26

$24