Riuto Company accumulated the following standard cost data concerning product I-Tal. Materials per unit: 2 pounds at

Question:

Riuto Company accumulated the following standard cost data concerning product I-Tal.
Materials per unit: 2 pounds at $5 per pound Labor per unit: 0.2 hours at $14 per hour Manufacturing overhead: Predetermined rate is 125% of direct labor cost Compute the standard cost of one unit of product I-Tal.