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 pounds. Materials cost $ 5 per pound, but Stefani always takes the 4.00 % cash discount all of its suppliers offer. Freight costs average $ 0.40 per pound. Direct labor. Each unit requires 1.00 hours of labor. Setup, cleanup, and downtime average