taskmaster enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. taskmaster has established the following standards for the prime costs of one unit of product. standard standard quantity price direct materials 10pounds $1.98per pound direct labor 0.31 hour $11per hour during november, taskmaster manufactured 18,167 units of product during november using 152,794 pounds of direct materials and 4,841 direct labor hours.