Standard Product Cost Sana Rosa Company manufactures unfinished home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standar for an unfinished dining room table are as follows: Direct labor: standard rate $26.00 per hr. Direct materials (oak): Variable factory overhead: Fixed factory overhead: standard time per unit standard price standard quantity standard rate standard rate 3 hrs. $12.00 per bd. ft. 16 bd. ft. $2.40 per direct labor hr. $0.80 per direct labor hr. a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. per table b. A standard cost system provides Sana Rosa management a cost control tool using the principle of cost deviations from standards can be investigated and corrected. Using this principle,