Current Attempt in Progress Amy Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.5 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.5 pounds. Materials cost $4 per pound, but Amy always takes the 5% cash discount all of its suppliers offer. Freight costs average $0.25 per pound. Direct labor. Each unit requires 2.0 hours of labor. Setup, cleanup, and downtime average 0.2 hours per unit. The average hourly pay rate of Amy's employees is $13.7. Payroll taxes and fringe benefits are an additional $2.2 per hour. Manufacturing overhead. Overhead is applied at a rate of $6.0 per direct labor hour. Compute Amy's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit e Textbook and Media