Stefani Company has gathered the following information about its product.

Direct materials: Each unit of product contains 5.00 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.00 pounds. Materials cost $ 3 per pound, but Stefani always takes the 2.00% cash discount all of its suppliers offer. Freight costs average $ 0.30 per pound.

Direct labor. Each unit requires 2.00 hours of labor. Setup, cleanup, and downtime average 0.10 hours per unit. The average hourly pay rate of Stefanis employees is $ 12.60. Payroll taxes and fringe benefits are an additional $ 3.00 per hour.

Manufacturing overhead. Overhead is applied at a rate of $ 6.10 per direct labor hour.

Compute Stefanis total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit