rebook ORION Downloadable eTextbook Exercise 11-3 (Video) Stefani Company has gathered the following information about its product Direct materials: Each unit of product contains 3.40 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.60 pound Materials cost $2 per pound, but Stefani always takes the 2.00% cash discount all of its suppliers offer, Freight costs average 0.25 per pound. Direct labor. Each unit requires 1.00 hours of labor. Setup, deanup and downtime average 0.20 hours per unit. The average hourly pay rate of stan's employees is $12.70 Payroll taxes and fringe benefits are an additional $2.00 per hour Manufacturing overhead. Overhead is applied at a rate of $6.40 per direct labor hour Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, .. 1.25.) Total standard cost per unit Click if you would like to show Work for this question: Open Show Work LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the point potential policy set by your instructor Question Attempts o wned En Maximum Points avaluable only if you answer this question correctly in two attempts 4 0 11/2/2019 O E e a ch