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Stefani Company has gathered the following information about its product. Direct moterials: Each unit of product contains 4.50 pounds of materials. The average waste and

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Stefani Company has gathered the following information about its product. Direct moterials: Each unit of product contains 4.50 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.50 pounds. Materials cost $3 per pound, but Stefani always takes the 5.00% cash discount all of its suppliers offer. Freight costs average $0.30 per pound. Direct labor. Each unit requires 1.70 hours of labor. Setup, cleanup, and dewntime average 0.20 hours per unit. The average hourly pay rate of Stefani's employees is $13.10. Payroll taxes and fringe benefits are an additional $3.40 per hour. Manufocturing overhead. Overhead is applied at a rate of $4.50 per direct labor hour. Compute Stefani's total standard cost per unit. (Round answer to 2 decimol ploces, eg. 1.25) Total standard cost per unit

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