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Larkin Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 2.10 pounds at $6.36 per pound Direct labor per unit:

Larkin Company accumulated the following standard cost data concerning product I-Tal.

Direct materials per unit: 2.10 pounds at $6.36 per pound
Direct labor per unit: 5.26 hours at $10 per hour
Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $19.00 per direct labor hour

Compute the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, e.g. 2.75.)

Standard cost $

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