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: Standard Quantity or Standard Price Standard Hours or Rate Cost 7.40 pounds $2.30 per pound $17.02 0.99 hours $8.50 per hour $ 7.65 oped Direct materials Direct labor BOOK During the most recent month, the following activity was recorded a. 21,500.00 pounds of material were purchased at a cost of $2.10 per pound, b. All of the material purchased was used to produce 2,500 units of Zoom