Lisa Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.6 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.4 pounds. Materials cost $5 per pound, but Lisa always takes the 3% cash discount all of its suppliers offer. Freight costs average $0.45 per pound. Direct labor. Each unit requires 2.1 hours of labor. Setup, cleanup, and downtime average 0.1 hours per unit. The average hourly pay rate of Lisa's employees is $10.4. Payroll taxes and fringe benefits are an additional $3.1 per hour. Manufacturing overheod. Overhead is applied at a rate of $6.9 per direct labor hour. Compute Lisa's total standard cost per unit, (Round onswer to 2 decimal places, eg. 1.25) Totalstandard cost per unit