The Hayes Chemical Company produces a chemical used in dry cleaning. Its accounting system uses standard costs. The standards per 0.50 -gallon can of chemical call for 1.20 gallons of material and 1.40 hours of labor. (1.20 gallons of material are needed to produce a 0.50-gallon can of product due to evaporation.) The standard cost per gallon of material is $5. The standard cost per hour for labor is $9. Overhead is applied at the rate of $7.78 per can. Expected production is 21,600 cans with fixed overhead per year of $60,048 and variable overhead of $5 per unit (a 0.50gallon can). During 2021, 22,800 cans were produced; 36,300 gallons of material were purchased at a cost of $245,388;29,000 gallons of material were used in production. The cost of direct labor incurred in 2021 was $282,842 based on an average actual wage rate of $8.90 per hour. Actual overhead for 2021 was $219,200. Determine the standard cost per unit. (Round answer to 2 decimal places, e.g. 15.25.) $ per unit Attempts: 1 of 5 used Calculate material, labor, and overhead variances. (Round intermediate calculations to 2 decimal places, e.g. 14.37 and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)