Normal or Expected Standards Direct materials quantity per unit 2.4 lbs. per unit Direct materials price per pound $ 10 per Ib. Direct labor hours per unit unit Direct labor rate per hour $ 17 per hour Ideal Standards 2 lbs. per unit $9.50 per lb 35 hours per 3. unit $ 16 per hour 4 hours per a. Compute the standard cost per finished unit for the normal or expected standards and for the ideal standards. Normal standard cost Ideal standard cost per unit per unit