View Policies Current Attempt in Progress Vaughn Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.5 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.3 pounds. Materials cost $4.90 per pound, but Vaughn always takes the 2.50% cash discount all of its suppliers offer. Freight costs average $0.34 per pound. Direct labor. Each unit requires 1.69 hours of labor. Setup, cleanup, and downtime average 0.39 hours per unit. The average hourly pay rate of Vaughn's employees is $9.69. Payroll taxes and fringe benefits are an additional $2.49 per hour. Manufacturing overhead. Overhead is applied at a rate of $5.69 per direct labor hour. Compute Vaughn's total standard cost per unit. (Round answer to 2 decimal places, eg. 1.25.) Total standard cost per unit