Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

$\backslash$table$[[,$Standard Quantity,,Standard$],[$or Hours,Standard Price or Rate,Cost,$],[$Direct materials,$6\mathrm{.}80$ pounds,$$3\mathrm{.}00$ per pound,$$20\mathrm{.}40$