Exercise $10-25$ Computing Standard Direct$-$Material Cost $($LO $10-2)$

Cayuga Hardwoods produces handcrafted jewelry boxes. A standard$-$size box requires $14$ board feet of hardwood in the finished

product. In addition, $8\mathrm{.}0$ board feet of scrap lumber are normally left from the production of one box. Hardwood costs $$12\mathrm{.}00$ per board

foot, plus $$9\mathrm{.}50$ in transportation charges per board foot.

Required:

Compute the standard direct$-$material cost of a jewelry box. $($Do not round intermediate calculations. Round your final answer to $2$

decimal places.$)$

tandard direct$-$material cost $($Enter Answer$)$