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Bonita Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.1 pounds of materials. The average waste and

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Bonita Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.1 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.9 pounds. Materials cost $4.50 per pound, but Bonita always takes the 2.10% cash discount all of its suppliers offer. Freight costs average $0.30 per pound. Direct labor. Each unit requires 1.65 hours of labor. Setup, cleanup, and downtime average 0.35 hours per unit. The average hourly pay rate of Bonita's employees is $9.65. Payroll taxes and fringe benefits are an additional $2.45 per hour. Manufacturing overhead. Overhead is applied at a rate of $5.65 per direct labor hour. Compute Bonita's total standard cost per unit. (Round answer to 2 decimal places, eg. 1.25.) Total standard cost per unit $

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