Jacque Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 2.00 pounds at $5.00 per pound Direct labor per unit: 0.20 hours at $15.00 per hour Manufacturing overhead: Predetermined rate is 125% of direct labor cost Compute the standard cost of one unit of product l-Tal. (Round answer to 2 decimal places, e.g. 2.75.)