Sunland Company produces a variety of wool rugs. Its most popular item is a small oval rug, suitable for placing in front of a door. After trying many different designs and processes, it landed on one style that requires 11 yards of wool. Employees spend 12 minutes working on each rug, while each rug requires 24 minutes of machine processing time. Sunland allocates MOH based on machine hours, with variable-MOH estimated at $3.00 per machine hour and fixedMOH estimated at $4.00 per machine hour. If wool is expected to cost $1.30 per yard and labor time is expected to be $17.00 per hour, what is the standard cost of producing one oval rug? (Round answer to 2 decimal places, e.g. 15.25.) Standard cost per unit