Ship Co-produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor ours at $15.00 per hour. Overhead is assigned at the rate of $9 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card? $25.02. $11.52. $2.40. $2.52. $3.42. A company uses the following standard costs to produce a single unit of output. During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $56, 350 based on 4, 900 direct labor hours worked Variable manufacturing overhead costs incurred totaled $15,000 and fixed manufacturing overhead incurred was $10, 400. Based on this information, the direct labor rate variance for the month was: $ 1, 200 favorable $3, 650 favorable $2, 450 favorable $3, 650 unfavorable $ 1, 200 unfavorable The following information describes a company's usage of direct labor in a recent period. The direct labor efficiency variance is: $29,000 unfavorable. $29,000 favorable. $22, 500 unfavorable. $52, 500 favorable. $52, 500 unfavorable