Ship Co. produces storage crates that require 1.2 meters of material at $ 0.85 per meter and 0.1 direct labor hours at $15.00 per hour. Overhead is applied at the rate of $9 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?
a. $25.02.
b. $11.52.
c. $2.40.
d. $2.52.
e. $3.42.
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