Tammy Company has gathered the following information about its product Direct materials: Each unit of product...

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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 36 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 0.2 hours per unit. The average hourly pay rate of Tammy's employees is $11.6. Payroll taxes and fringe benefits are an additional 52.5 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, es 25 Total standard cost per unit S 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 36 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 0.2 hours per unit. The average hourly pay rate of Tammy's employees is $11.6. Payroll taxes and fringe benefits are an additional 52.5 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, es 25 Total standard cost per unit S

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To compute Tammy Companys total standard cost per unit we need to consider the costs of direct mater... View the full answer