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 standards for an unfinished dining room table are as follows: Direct labor: standard rate $26.00 per hr. standard time per unit 4 hrs. Direct materials (oak): standard price $9.00 per bd. ft. standard quantity 20 bd. ft. Variable factory overhead: standard rate $2.40 per direct labor hr. Fixed factory overhead: standard rate $1.20 per direct labor hr. a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. per table M cost deviations from b. A standard cost system provides Sana Rosa management a cost control tool using the principle of Using this principle, standards can be investigated and corrected