CALCULATOR PRINTER VERSION BACK NEXT Exercise 11-3 (Video) Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 2.20 pounds of materials. The average waste and spolage per unit produced under normal conditions is 0.00 pounds. Materials cost $2 per pound, but Stefani always takes the 5.00% cash discount all of its suppliers offer Freight costs average $0.25 per pound Direct Gabor. Each unit requires 2.10 hours of labor. Setup, deanup, and downtime average 0.10 hours per unit. The average hourly pay rate of Stefani's employees is $13.20. Payroll taxes and fringe benefits are an additional $2.20 per hour Manufacturing overhand. Overhead is applied at a rate of $4.80 per direct labor hour Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, 1.25) Total standard cost per unit LINK TO TEXT VIDEO SIMILAR EXERC Question Attempts: 0 of 3 used SAVE FOR LATER JONIT