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CALCULATUH PAINTER VERSION ES 4 BACK NEXT Exercise 11-3 (Video) Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.40 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.60 pounds. Materials cost $2 per pound, but Stefani always takes the 3.00% cash discount all of its suppliers offer. Freight costs average $0.35 per pound. Direct labor. Each unit requires 1.30 hours of labor. Setup, cleanup, and downtime averageb.20 hours per unit. The average hourly pay rate of Stefani's employees is $13.20. Payroll taxes and fringe benefits are an additional $3.00 per hour. Manufacturing overhead. Overhead is applied at a rate of $7.00 per direct labor hour. Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) ly Total standard cost per unit Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE SUBMIT ANSWER SAVE FOR LATER Question Attempts: Unlimited