Question: Question 20 -- / 1.2 Isabel's standard quantities for 1 unit of product include 3 pounds of materials and 2 labor hours. The standard rates

Question 20 -- / 1.2 Isabel's standard quantities for 1 unit of product include 3 pounds of materials and 2 labor hours. The standard rates are $2 per pound and $7 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost of Isabel's product is 1 $42.50. 2 $26.50. 3 $14.00 4 $36.00

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