Stefani Company has gathered the following information about itsproduct. Direct materials: Each unit of product contains 4.20pounds of materials. The average waste and spoilage per unitproduced under normal conditions is 0.70 pounds. Materials cost $1per pound, but Stefani always takes the 2.00% cash discount all ofits suppliers offer. Freight costs average $0.45 per pound. Directlabor. Each unit requires 1.60 hours of labor. Setup, cleanup, anddowntime average 0.20 hours per unit. The average hourly pay rateof Stefani’s employees is $12.30. Payroll taxes and fringe benefitsare an additional $2.40 per hour. Manufacturing overhead. Overheadis applied at a rate of $6.60 per direct labor hour. ComputeStefani’s total standard cost per unit. (Round answer to 2 decimalplaces, e.g. 1.25.) Total standard cost per unit $ Exercise 11-4Monte Services, Inc. is trying to establish the standard labor costof a typical brake repair. The following data have been collectedfrom time and motion studies conducted over the past month. Actualtime spent on the brake repairs 3.0 hour Hourly wage rate $12Payroll taxes 15% of wage rate Setup and downtime 9% of actuallabor time Cleanup and rest periods 25% of actual labor time Fringebenefits 25% of wage rate Determine the standard direct labor hoursper brake repairs. (Round answer to 2 decimal places, e.g. 1.25.)Standard direct labor hours per brake repair hours LINK TO TEXTLINK TO TEXT Determine the standard direct labor hourly rate.(Round answer to 2 decimal places, e.g. 1.25.) Standard directlabor hourly rate $ LINK TO TEXT LINK TO TEXT Determine thestandard direct labor cost per brake repair. (Round answer to 2decimal places, e.g. 1.25.) Standard direct labor cost per brakerepair $ LINK TO TEXT LINK TO TEXT If a brake repair took 3.60hours at the standard hourly rate, what was the direct laborquantity variance? (Round answer to 2 decimal places, e.g. 1.25.)Direct labor quantity variance $