Question 21

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

Materials per unit: 2.50 kg at $5.10 per kilogram

Labour per unit: 0.60 hours at $13.00 per hour

Manufacturing overhead: Predetermined rate is 135% of direct labour cost

Calculate the standard cost of one unit of product I-Tal. (Round answer to 2 decimal places, e.g. 15.25.)

Standard cost of product I-Tal

$