Question: What is the total standard unit cost? Mac Industries' controller has developed the cost and usage data listed below in preparation of standard unit cost

What is the total standard unit cost?

Mac Industries' controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Particulars Standard Rate Direct materials quantity standard | 8 kilograms per product Direct labor time standard 3.5 hours per product Direct materials price standard _| $14 per kilogram Direct labor rate standard $11 per hour Standard variable overhead rate | $15 per labor hour Standard fixed overhead rate $18 per labor hour Using the above information provided for Mac Industries, what is the total standard unit cost

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