HW Exercises $($Standard Costs and Variances$)$

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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$],[$Direct materials,or Hours,Standard Price or Rate,Cost$],[$Direct labor,$5\mathrm{.}80$ pounds,$$3\mathrm{.}00$ per pound,$$17\mathrm{.}40$