Rip Tide Company manufactures surfboards. Its standard cost information follows:

$\backslash$table$[[,$Standard Quantity,Standard Price $($Rate$),\backslash$table$[[$Standard$],[$Unit$],[$Cost$]]],[$Direct materials $($fiberglass$),10\mathrm{.}4$ square feet,$ $5\mathrm{.}4$ per square feet,$ $56\mathrm{.}16],[$Direct labor,$8\mathrm{.}8$ hours,$ $15$ per hour,$132\mathrm{.}00],[\backslash$table$[[$Variable manufacturing overhead $($based on$],[$direct labor hours$)]],8\mathrm{.}8$ hours,$$7$ per hour,$61\mathrm{.}60],[\backslash$table$[[$Fixed manufacturing overhead