Exercise $9-13($Static$)$ Direct Materials and Direct Labor Variances $[$L$09-4,$ L$09-5]$

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

$\backslash$table$[[,\backslash$table$[[$Standard$],[$Quantity or$],[$Hours$]],\backslash$table$[[$Standard Price or$],[$Rate$]],\backslash$table$[[$Standard$],[$Cost$]]],[$Direct materials,$4\mathrm{.}6$ pounds,$$2\mathrm{.}50$ per pound,$$11\mathrm{.}50$