Larkin Company accumulated the following standard cost data concerning product l-Tal. Direct materials per unit: 3.00 pounds at $6.40 per pound Direct labor per unit: 8.20 hours at $15 per hour Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $25.50 per direct labor hour Compute the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, eg. 2.75.) Standard cost $