Using the following standard quantities and standard rates, calculate the standard costs

of direct materials, direct labor, and variable and fixed manufacturing overhead, and

determine the total standard cost per unit.

Standard Standard

Quantity Price or Rate

Direct materials $4$ pounds $ $1\mathrm{.}25$

Direct labor $2\mathrm{.}5$ hours $15\mathrm{.}00$

Variable manufacturing overhead

$($based on direct labor hours$)$

$2\mathrm{.}5$ hours $1\mathrm{.}70$

Fixed manufacturing overhead

$($based on direct labor hours$)$

$2\mathrm{.}5$ hours $0\mathrm{.}50$