Karen Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.2 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.8 pounds. Materials cost $1 per pound, but Karen always takes the 2% cash discount all of its suppliers offer. Freight costs average $0.45 per pound. Direct labor. Each unit requires 1.6 hours of labor. Setup, cleanup, and downtime average 0.2 hours per unit. The average hourly pay rate of Karen's employees is $12.3. Payroll taxes and fringe benefits are an additional $2.4 per hour. Manufacturing overhead. Overhead is applied at a rate of $6.6 per direct labor hour. Compute Karen'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 Attempts: 0 of 3 used Submit