Standard Product Cost Atlas Furniture Company manufactures designer home furniture. Atlas uses a standard cost system....

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Standard Product Cost Atlas Furniture Company manufactures designer home furniture. Atlas 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 $15.00 per hr. standard time per unit 4 hrs. Direct materials (oak): standard price standard quantity $8.00 per bd. ft. 16 bd. ft. variable factory overhead: standard rate standard rate $3.20 per direct labor hr. $0.80 per direct labor hr. Fixed factory overhead: a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. per table b. A standard system provides Atlas Furniture Company's management a cost control tool using the principle of principle, cost deviations from standards can be investigated and corrected Using this Standard Product Cost Atlas Furniture Company manufactures designer home furniture. Atlas 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 $15.00 per hr. standard time per unit 4 hrs. Direct materials (oak): standard price standard quantity $8.00 per bd. ft. 16 bd. ft. variable factory overhead: standard rate standard rate $3.20 per direct labor hr. $0.80 per direct labor hr. Fixed factory overhead: a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. per table b. A standard system provides Atlas Furniture Company's management a cost control tool using the principle of principle, cost deviations from standards can be investigated and corrected Using this