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

$\backslash$table$[[,$Standard Quantity,Standard Price $($Rate$),\backslash$table$[[$Standard$],[$Unit$],[$Cost$]]],[\backslash$table$[[$Direct materials $($fiberglass$)],[$Direct labor$]],\backslash$table$[[15$ square feet$],[10$ hours$]],\backslash$table$[[$$$5$ per square feet$],[$$$15$ per hour$]],\backslash$table$[[$$$75\mathrm{.}00$