Question 9 Kingbird Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 3.00 pounds at $4.20 per pound Direct labor per unit: 9.00 hours at $12 per hour Manufacturing Overhead: Allocated based on direct labor hours at a predetermined rate of $18.00 per direct labor hour Compute the standard cost of one unit of product I-Tel. (Round answer to 2 decimal places, e.g. 2.75.) Standard costs By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor