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 $16.00 per hr. standard time per unit 2.50 hrs Direct materials (oak): standard price $10.00 per bd. It standard quantity 16 bd Variable factory overhead: standard rate $3.20 per direct labor hr. Fixed factory overhead: standard rate $1.20 per direct labore a. Determine the standard cont per dining room table. If required, round your answer to two decimal places per dining room table Using this principle b. A standard cost system provides Rosa Furniture management a cost control tool using the principle of cost deviations from standards can be investigated and corrected Previous Next >