The primary routing for Item A is set up with the Sequence, Setup Time and Labor Time as 100, 1 hour, 0 hours and 200, 0 hours, 2 hours. The labor code for the setup time has a shop rate of $50 per hour. The labor code for the labor time has a shop rate of $20 per hour. The standard cost preferences are set up to not prorate. When this item is rolled up and revalued, what is the resulting labor standard cost for Item A?