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Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4 . 5 0 pound tof materials. The
Stefani Company has gathered the following information about its product.
Direct materials: Each unit of product contains pound tof materials. The average waste and spoilage per unit produced under normal conditions is pounds. Materials cost $ per pound, but Stefani always takes the cash discount all of its suppliers offer. Freight costs average $ per pound.
Direct labor. Each unit requires hours of labor. Setup, cleanup, and downtime average hours per unit. The average hourly pay rate of Stefani's employees is $ Payroll taxes and fringe benefits are an additional $ per hour.
Manufacturing overhead. Overhead is applied at a rate of $ per direct labor hour.
Compute Stefani's total standard cost per unit. Round answer to decimal places, eg
Total standard cost per unit $
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