Bramble Corp. produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.3 pounds and 0.1 pounds, respectively. The purchase price is $2 per pound, but a 2 \%. discount is usually taken. Freight costs are $0.5 per pound, and receiving and handling costs are $0.10 per pound. The hourly wage rate is $12 per hour, but a raise which will average $0,3 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.2 hours and 0.1 hours, respectively: The standard direct materials price per pound is $1.96. $200. $2.56 $2.60