Print Marked out of 1.00 Question 1 Answer saved P Flag question Standard Product Costs Deerfield Company manufactures product M in its factory. Production of M requires 2 pounds of material P, costing $18 per pound and 0.5 hour of direct labor costing, $24 per hour. The variable overhead rate is $22 per direct labor hour, and the fixed overhead rate is $26 per direct labor hour. What is the standard product cost for product M? Direct material Direct labor Variable overhead Fixed overhead Standard product cost per unit $ Olo