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 $18.00 per hr. Direct materials (oak): Variable factory overhead: Fixed factory overhead: standard time per unit standard price standard quantity standard rate standard rate 3.5 hrs. $15.00 per bd. ft. 26 bd. ft. $4.20 per direct labor hr. $1.80 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 Furniture management a cost control tool using the principle of cost deviations from standards can be investigated and corrected. Using this principle,