Larkin Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 3.00 pounds at $6.44 per pound Drect labor per unit: 8.24 hours at 515 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, e., 2.75.) Standard cost