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-/1 HII View Policies Current Attempt in Progress Sunland Company produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 0.2 pounds and 0.3 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken Freight costs are $0.1 per pound, and receiving and handling costs are $ 0.07 per pound. The hourly wage rate is $ 12 per hour, but a raise which will average $0.30 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 quantity per unit is 2.6 pounds O 2.9 pounds. O 2.8 pounds O 3.1 pounds. Save for Later Attempts: 0 of 1 used Submit Answer Current Attempt in Progress Concord Corporation 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 $ 0.4 per pound, and receiving and handling costs are $ 0.0 per pound. The hourly wage rate is $ 12 per bour, 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 restperiods and setup is 0.2 hours and 0.1 hours, respectively The standard direct materials price per pound is O $2.44 O $248 O $2.00 O $1.96