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,$7\mathrm{.}7$ ounces,$$4\mathrm{.}00$ per ounce,$$30\mathrm{.}80$