Exercise $10-6($Algo$)$ Direct Materials and Direct Labor Variances $[$LO$10-1,$ L$010-2]$

Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:

$\backslash$table$[[,$Standard Quantity,,Standard$],[,$or Hours,Standard Price or Rate,Cost$],[$Direct materials,$7\mathrm{.}90$ pounds,$$2\mathrm{.}10$ per pound,$$16\mathrm{.}59$