Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:

$\backslash$table$[[$Direct materials $($plastic$),$Standard Quantity,Standard Price $($Rate$),\backslash$table$[[$Standard Unit$],[$Cost$]]],[$Direct labor,$12$ square foot,$$0\mathrm{.}72$ per square foot,$$8\mathrm{.}64$