Sana Rosa Furniture Company manufactures designer home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows:

Direct labor: standard rate $$22\mathrm{.}00$ per hr$.$

standard time per unit $3\mathrm{.}00$ hrs$.$

Direct materials $($oak$)$: standard price $$9\mathrm{.}50$ per bd$.$ ft$.$

standard quantity $15$ bd$.$ ft$.$

Variable factory overhead: standard rate $$2\mathrm{.}80$ per direct labor hr$.$

Fixed factory overhead: standard rate $$0\mathrm{.}80$ per direct labor hr$.$

a$.$ Determine the standard cost per dining room table. If required, round your answer to two decimal places.

$fill in the blank $1$ per dining room table

b$.$ A standard cost system provides Rosa Furniture management a cost control tool using the principle of

$.$ Using this principle,

cost deviations from standards can be investigated and corrected.

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