PROBLEM $10-13$ Materials and Labor Variances; Computations from Incomplete Data $[$LO$1,$ L$02]$ Topaz Company makes one product and has set the following standards for materials and labor:

$\backslash$table$[[,\backslash$table$[[$Direct$],[$Materials$]],\backslash$table$[[$Direct$],[$Labor$]]],[\backslash$table$[[$Standard quantity or hours per unit.$],[$Standard price or rate. $........],[$Standard cost per unit $........]],\backslash$table$[[?$ pounds$],[?$ per pound$],[?]],\backslash$table$[[2\mathrm{.}5$ hours$],[$$$9\mathrm{.}00$ per hour$],[$$$22\mathrm{.}50$