Computing a Standard Unit Cost SE3. Using the information that follows, compute the total st 3. Using the information that follows, compute the total standard unit cost of Product WW+ Direct materials quantity standard Direct materials price standard Direct labor time standard Direct labor rate standard Variable overhead rate standard Fixed overhead rate standard Machine hour standard 1 pound per unit $10.00 per pound 0.5 hour per unit $12.00 per hour $6.00 per machine hour $11.00 per machine hour 4 hours per unit