Standard Product Cost Sana Rosa Furniture Company manufactures designer 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 $22.00 per hr. 3.50 hrs standard time per unit Direct materials (oak) $9.50 per bd. ft standard price standard quantity 16 bd. ft standard rate Variable factory overhead: $3.20 per direct labor hr. standard rate $1.20 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 dining room table .Using this b. A standard cost system provides Rosa Furniture management a cost control tool using the principle of principle, cost deviations from standards can be investigated and corrected