Maria Company has gathered the following information about its product.

Direct materials: Each unit of product contains 3.4 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.6 pounds. Materials cost $2 per pound, but Maria always takes the 5% cash discount all of its suppliers offer. Freight costs average $0.45 per pound.

Direct labor. Each unit requires 2.8 hours of labor. Setup, cleanup, and downtime average 0.1 hours per unit. The average hourly pay rate of Marias employees is $13.1. Payroll taxes and fringe benefits are an additional $3.0 per hour.

Manufacturing overhead. Overhead is applied at a rate of $5.9 per direct labor hour.

Compute Marias total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.)

Total standard cost per unit $enter the total standard cost per unit in dollars rounded to 2 decimal places

Answer rating: 100% (QA)

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