Question: Question 7 10 pts Hennessey's standard quantities for 1 unit of product include 2.5 pounds of materials and .75 labor hours. The standard rates

Question 7 10 pts Hennessey's standard quantities for 1 unit of product include 2.5 pounds of materials and .75 labor hours. The standard rates

Question 7 10 pts Hennessey's standard quantities for 1 unit of product include 2.5 pounds of materials and .75 labor hours. The standard rates are $3 per pound and $17 per hour. The standard overhead rate is $7 per direct labor hour. The total standard cost of Hennessey's product is: Round to two decimal places. Do not use a dollar sign.

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