Use the information below to compute the total standard materials quantity at the actual level of production. Direct materials standard (6 lbs. & $5/lb.) $ 30 per finished unit Actual direct materials used 261,000 lbs. Actual finished units produced 43,000 units Actual cost of direct materials used $1,292,000 The following details relate to ABC Company: Each unit of product requires 46 grams of materials Materials costs $0.50 per gram Each unit of product requires 0.10 direct labor hours Direct labor costs $17.00 per hour. Overhead is applied at the rate of $18 per direct labor hour. . What is the total standard cost for one unit of product