Use the information provided to calculate standard costs: To make one switch it takes 15 feet of plastic-coated copper wire and 0.6 pounds of plastic material. The plastic material can usually be purchased for $19 per pound, and the wire costs $2.67 per foot. The labor necessary to assemble a switch consists of two types. The first type of labor is assembly which takes 3.9 hours. These workers are paid $28 per hour. The second type of labor is finishing, which takes 2.9 hours. These workers are paid $29 per hour. Overhead is applied using labor hours. The variable overhead rate is $14.12 per labor hour. The fixed overhead rate is $14.06 per hour. What is the total standard cost for manufacturing overhead? Round to the nearest penny, two decimal places. Use the information provided to calculate standard costs: To make one switch it takes 19 feet of plastic-coated copper wire and 0.8 pounds of plastic material. The plastic material can usually be purchased for $19 per pound, and the wire costs $2.73 per foot. The labor necessary to assemble a switch consists of two types. The first type of labor is assembly, which takes 3.8 hours. These workers are paid $27 per hour. The second type of labor is finishing, which takes 2.7 hours. These workers are paid \$27 per hour. Overhead is applied using labor hours. The variable overhead rate is $15.23 per labor hour. The fixed overhead rate is $15.62 per hour. What is the total standard cost? Round to the nearest penny, two decimal places