Using the information that follows, compute the standard unit cost of product MZW:

Direct materials quantity standard...... 5 pounds per unit

Direct materials price standard........ $10.20 per pound

Direct labor time standard......... 0.2 hour per unit

Direct labor rate standard.......... $10 per hour

Variable overhead rate standard...... $7.00 per machine hour

Fixed overhead rate standard.......... $11.00 per machine hour

Machine hour standard........... 3 hours per unit