Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.10 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.90 pounds. Materials cost $2 per pound, but 5 tefani always takes the 4.00% cash discount all of its suppliers offer. Freight costs average 50.45 per pound. Direct lobor Each unit requires 1.30 hours of labor. Setup, cleanup, and downtime average 0.20 hours per unit. The average hourly pay rate of Stefan's employees is $12.50. Payroll takes and fringe benefts are an additional $2.40 per hour. Monufocturing overheod, Overhead is applied at a rate of $7.20 per direct labor hour Compute Stefanirs total standard cost per unit, (Round answer to 2 decimal places, es. 1.25.) Total standard cost per unit