Answer:
$23 per unit
Explanation:
Standard cost = Direct materials + Direct labor + Variable overhead
Standard cost = (2 pounds*$2.50 per pound) + (0.75 hours*$16.00 per hour) + (0.75 hours*$8.00 per hour)
Standard cost = $5 + $12 + $6
Standard cost = $23
So, the standard cost of this item is $23 per unit.