Question: I need guidance with this general accounting problem using the right accounting principles. A company, Genentech Solutions, produces a product using the following standard costs:

I need guidance with this general accounting problem using the right accounting principles.

A company, Genentech Solutions, produces a product using the following standard costs: - 50 grams of material at $0.40 per gram 0.25 direct labor hours at $15.00 per hour Overhead is applied at $20.00 per direct labor hour What is the total standard cost for one unit of product that would appear on a standard cost card

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