Adjusted unit cost computation}

Stewart Company has 1,000 units in process in Forming at the beginning of the month with a transferred cost of \(\$ 21,200\) from Blanking. During the month, 5,000 units with a total cost of \(\$ 100,000\) are received from Blanking; 5,500 units are finished and transferred to Finishing; and 500 units are in process in Forming at the end of the month, half completed.

{Required:}

Compute the adjusted unit cost from the prior department in the Forming Department. (Round the unit cost to three decimal places.)