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

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Accounting

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Karen Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.2 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.8 pounds. Materials cost $2 per pound, but Karen always takes the 5% cash discount all of its suppliers offer. Freight costs average $0.25 per pound. Direct labor. Each unit requires 2.1 hours of labor. Setup, cleanup, and downtime average 0.1 hours per unit. The average hourly pay rate of Karen's employees is $13.2. Payroll taxes and fringe benefits are an additional $2.2 per hour. Manufacturing overhead. Overhead is applied at a rate of $4.8 per direct labor hour. Compute Karen's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit $ UA 52.74

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