Barley Hopp, Incorporated, manufactures custom$-$ordered commemorative beer steins. Its standard cost information follows:

$\backslash$table$[[,$Standard Quantity,Standard Price $($Rate$),\backslash$table$[[$Standard$],[$Unit$],[$Cost$]]],[$Direct materials $($clay$),1\mathrm{.}80$ pounds,$$1\mathrm{.}90$ per pound,$$3\mathrm{.}42$