Tharaldson Corporation makes a product with the following standard costs:

$\backslash$table$[[,\backslash$table$[[$Standard Quantity or$],[$Hours$]],$Standard Price or Rate,$\backslash$table$[[$Standard Cost Per$],[$Unit$]]],[$Direct materials,$7\mathrm{.}6$ ounces,$$4\mathrm{.}00$ per ounce,$$30\mathrm{.}40$