Arabica Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At the beginning of 2012, they estimated total manufacturing overhead costs at $1,050,000, and they estimated total direct labor costs at $840,000. In June, 2012, Arabica completed job number 511. Job stats are as follows:

Direct materials cost....................................$27,500

Direct labor cost..........................................$13,000

Direct labor hours.....................................400 hours

Units of product produced:......................200 crates

How much was the cost per unit (cost per crate) of finished product? (Please round to the nearest cent.)

A) $374.38

B) $202.50

C) $254.50

D) $283.75