James Corporation's controller has developed the cost and usage data listed below in preparation of standard unit cost information for the coming year. Direct materials quantity standard 5 pounds per product Direct labor time standard 3 hours per product Direct materials price standard $9 per pound Direct labor rate standard $8 per hour Standard variable overhead rate $10 per labor hour Standard
fixed overhead rate $11 per labor hour Using the above information provided for James Corporation, the standard overhead cost for each unit is
A) $45.
B) $33.
C) $30.
D) $63.
D
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Answer the following statement true (T) or false (F)