The owner of the Red Fox Inn has developed a new menu for use in her establishment. Each menu item represents a complete meal. She has determined standard cost for each item and has kept careful records of sales for the month of March. The data are as follows: POSSIBLE POINTS: 10 Manu them Number Sold Standard Portion Cost 310 $5.50 270 782 540 332 D 475 527 E 175 872 340 632 510 572 AND 422 Food sales for March totaled $50,028.50 Using the information provided, calculate total standard cost