Cuevas Company Produces Magic Swords How Much Is the Standard Cost Per Unit?
A) $21

Cuevas Company produces magic swords. It uses units as the cost driver for overhead. The following information was provided concerning its standard cost system for 2014:
$\begin{array}{l}\text { Standard/Budgeted Data }&\text { Actual Data }\\\begin{array}{|l|l|}\hline \text { Material } & 1 / 21 \mathrm{~b} . @ \$ 15.00 \text { per } \mathrm{lb} . \\\hline \text { Labor } & 1.2 \mathrm{hrs} @ \$ 12 \text { per hr. } \\\hline \text { Fixed overhead } & \$ 62,000 \\\hline \text { Variable overhead } & \$ 11 \text { per unit } \\\hline \text { Production } & 2,000 \text { units }\\\hline\end{array}&\begin{array}{|l|l|}\hline \text { Produced } & 2,100 \text { units } \\\hline \text { Materials purchased } & 1,050 \mathrm{lbs} . \text { for } \$ 14,700 \\\hline \text { Materials used } & 1,080 \mathrm{lbs} . \\\hline \text { Labor worked } & 2,500 \mathrm{hrs} \text {. costing } \$ 29,375 \\\hline \text { Overhead } & \$ 82,000\\\hline\end{array}\end{array}$
How much is the standard cost per unit?

A) $21.90
B) $63.90
C) $69.00
D) $62.42