The managers of Nakatani Enterprises established the following standards for Model 535: Quantity Standard 0.7 0.2 kg per unlt hours per unit Price Standard $2.50 per kg Direct materials Direct labour $17.40 per hour Last month, 15,388 units of Model 535 were produced at a cost of $25,620 for direct materials and $49,050 for direct labour. A total of 11,626 kilograms of direct materials was used. Total direct labour hours amounted to 2,787 hours. During the same period, 11,000 kilograms of direct material were purchased for $26,450. The company's policy is to record materials price variances at the time materials are purchased. Your answer is incorrect. Try again. What is the total standard cost for direct materials and direct labour for the output this period? (Round entry to 2 decimal places, e.g. 15.25.) Standard Cost 306221.2