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Standard Product Cost Designer Furniture Company manufactures designer home furniture. Designer fumiture uses a stand and cost system. The direct labor, direct matenals and foctory

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Standard Product Cost Designer Furniture Company manufactures designer home furniture. Designer fumiture uses a stand and cost system. The direct labor, direct matenals and foctory overhead standard for a finished din ing room table are as follows: a. Determine the standard cost per dining room table. Round to two decimal places. pertabin b. A atandid cont witem provides the compary's manegenent a cost coetral tool using the prinople of Using this prinople, deviabons from stendards can be invesbgated and corrected

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