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Sunland Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.3 pounds of materials. The average waste and

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Sunland Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.3 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.1 pounds. Materials cost $4.70 per pound, but Sunland always takes the 2.30% cash discount all of its suppliers offer. Freight costs average $0.32 per pound. Direct labor. Each unit requires 1.67 hours of labor. Setup, cleanup, and downtime average 0.37 hours per unit. The average hourly pay rate of Sunland's employees is $9.67. Payroll taxes and fringe benefits are an additional $2,47 per hour. Manufacturing overhead. Overhead is applied at a rate of $5.67 per direct labor hour. Compute Sunland's total standard cost per unit. (Round answer to 2 decimal places, ex. 1.25.) Total standard cost per unit $

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