Sport Runner, Inc Compute the Standard Unit Cost for a Nylon Shorts Set

Essay

Sport Runner, Inc., produces a complete line of men's running apparel. The nylon short set is a very popular item in the southern states. During June, the company's records revealed the following information about the production of the nylon shorts set:
$\begin{array}{lll} \text { Standerds: } & \text { Direct materials } & \text { 4 yards@ \( \$ 2.50 \) per yard} \\& \text { Direct labor} & \text { 1.5 hour@\$9 per hour } &\\& \text { Overhead:} & \text { } &\\& \text { Variable } & \text { \( \$ 5.00 \) per direct labor hour } &\\& \text {Fixed. } & \text { \( \$5.50 \) per direct labor hour} &\\\end{array}$

Compute the standard unit cost for a nylon shorts set.