Ship Company produces storage crates that require 50.0 meters of material at $0.30 per meter and 0.20 direct labor hours at $14.00 per hour. Overhead is applied at the rate of $20 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?

Multiple Choice

• $49.00.

• $37.80.

• $6.80.

• $17.80.

• $21.80.