Exercise 23-3 Your answer is incorrect. Try again. Stefani Company has gathered the following information about its product Direct materials. Each unit of product contains 4.20 pounds of materials. The average waste and spoilage per un produced under normal conditions is 0.00 pounds. Materials com but Stefani always takes the 3.000 cash discount all of its suppliers offer. Freight costs average $0.40 per pound. per pound, Direct labor. Each unit requires 1.70 hours of labor. Setup, cleanup, and downtime average 0.10 hours per unit. The average hourly pay rate of Stefan's employees is $11.60. Payroll taxes and fringe benefits are an additional $2.50 per hour. Manufacturing overhead. Overhead is applied at a rate of $4.70 per direct labor hour. Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, .g. 1.25.) Total standard cost per unit 46.44