Lolich Clothing Manufactures a Single Style of Designer Jeans

Multiple Choice

Lolich Clothing manufactures a single style of designer jeans. Each pair is hand cut and hand sewn with unique designs. Production of each pair requires 2 yards of material, which costs $17 per yard, and requires 3 hours of direct labor. Direct labor costs $15 per hour; the variable overhead rate is $7 per direct labor hour; and the fixed overhead rate is $3.50 per direct labor hour.
What is the standard cost for each pair of designer jeans produced?

A) $42.50 per pair
B) $79.00 per pair
C) $100.00 per pair
D) $110.50 per pair
E) None of the above