Lacrue Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Direct materials Direct labor Variable manufacturing overhead Standard Quantity or Hours per Unit of Output 6.3 ounces 0.40 hours 0.40 hours Standard Price or Rate $ 5.50 per ounce $22.00 per hour $ 3.80 per hour The actual output for the period was 3,700 units. The total standard cost per unit is closest to: Multiple Choice $55.03 per unit The actual output for the period was 3,700 units The total standard cost per unit is closest to: Multiple Choice $55.03 per unit $43.45 per unit $56.52 per unit $44.97 per unit