Huron Company produces a commercial 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,$],[$Direct materials,or Hours,Standard Price or Rate,Cost,$],[$Direct labor,$4\mathrm{.}6$ pounds,$$2\mathrm{.}50$ per pound,$11\mathrm{.}50,$$$\mathrm{.}60$