Use the following to answer questions A-C Oxnard Industries produces a product that requires 2.6 pounds of materials per unit. The allowance for waste and spoilage per unit is 3 pounds and .1 pounds, respectively. The purchase price is $2 per pound, but a 2% discount is usually taken. Freight costs are $.10 per pound, and receiving and handling costs are $.07 per pound. The hourly wage rate is $12.00 per hour, but a raise which will average S.30 will go into effect soon. Payroll taxes are $1.20 per hour, and fringe benefits average $2.40 per hour. Standard production time is 1 hour per unit, and the allowance for rest periods and setup is.2 hours and .1 hours, respectively. A. The standard direct materials price per pound is A) $1.96. B) $2.00. C) $2.13 D) $2.17 B. The standard direct labor rate per hour is A) S 12.00 B) S 12.30 C) $15.60. D) $15.90 c. The standard direct labor hours per unit is A) 1 hour. B) 1.1 hours. C) 1.2 hours. D) 1.3 hours