1.Animent Industries, Inc. (All), developed standard costs for direct material and direct labor. In 2015, All estimated the following standard costs for one of their major products, the 10-gallon plastic container. Budgeted Budgeted quantity price $60 per Direct materials 0.10 pounds pound Was Direct $30 per 0.05 hours labor hour During June, All produced and sold 20,000 containers using 1,900 pounds of direct materials at an average cost per pound of $64 1.Animent Industries, Inc. (All), developed standard costs for direct material and direct labor. In 2015, All estimated the following standard costs for one of their major products, the 10-gallon plastic container. Budgeted Budgeted quantity price $60 per Direct materials 0.10 pounds pound Was Direct $30 per 0.05 hours labor hour During June, All produced and sold 20,000 containers using 1,900 pounds of direct materials at an average cost per pound of $64