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,,$],[,$or Hours,Standard Price or Rate,Standard$],[$Direct materials,$6\mathrm{.}30$ pounds,$$2\mathrm{.}50$ per pound,Cost$],[$Direct labor,$0\mathrm{.}50$ hours,$$10\mathrm{.}50$ per hour,$$5\mathrm{.}25$