Majer Corporation makes a product with the following standard costs:

$\backslash$table$[[,$Standard Quantity or$,,$Standard Cost Per$],[$Direct materials,$6\mathrm{.}7$ ounces,Standard Price or Rate,Unit$],[$Direct labor,$0\mathrm{.}3$ hours,$$2\mathrm{.}00$ per ounce,$$13\mathrm{.}40$