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Angela Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.3 pounds of materials. The average waste
Angela Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.3 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.7 pounds. Materials cost $4 per pound, but Angela always takes the 1% cash discount all of its suppliers offer. Freight costs average $0.35 per pound. Direct labor. Each unit requires 1.7 hours of labor. Setup, cleanup, and downtime average 0.1 hours per unit. The average hourly pay rate of Angela's employees is $12.2. Payroll taxes and fringe benefits are an additional $3.5 per hour. Manufacturing overhead. Overhead is applied at a rate of $4.6 per direct labor hour. Compute Angela's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit $
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