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$],[,$or Hours,Standard Price or Rate,Cost$],[$Direct materials,$7\mathrm{.}10$ pounds,$$1\mathrm{.}80$ per pound,$$12\mathrm{.}78$