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* Your answer is incorrect. Tammy Company has gathered the following information about its product Direct materials: Each unit of product contains 4.2 pounds of

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* Your answer is incorrect. Tammy Company has gathered the following information about its product Direct materials: Each unit of product contains 4.2 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.8 pounds. Materials cost $2 per pound, but Tammy always takes the 3% cash discount all of its suppliers offer. Freight costs average $0.40 per pound. Direct labor. Each unit requires 17 hours of labor. Setup, cleanup, and downtime average 0.1 hours per unit. The average hourly pay rate of Tammy's employees is $11.6. Payroll taxes and fringe benefits are an additional $2.5 per hour. Manufacturing overhead. Overhead is applied at a rate of $4.7 per direct labor hour. Compute Tammy's total standard cost per unit. (Round answer to 2 decimal places, eg. 1.25.) 2 Total standard cost per unit $ 37.08

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