Swifty Corporation produces a product that requires 2.60 pounds of materials per unit. The allowancefor waste and spoilage per unit is 0.20 pounds and 0.10 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Fraight costs are $0.10 per pound, and receiving and handling costs are $0.07 per pound. The hourly wage rate is $12 per hour, but a aise which will average $0.30 will go into effect soon. Payroll taxes are $1.20 per hour, per hour, and employee benefits average $240 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is 0.20 hours and 0.10 hours, respectively. Thestandard direct materials quantity per unit is 2.90 pounds. 2.80 pounds. 2.60 pounds. 270 pounds