Gabriel Metal works produces a special kind of metal ingots which are unique, and it allows Gabriel to follow a cost-plus pricing strategy. Gabriel has $10,000,000 of assets and shareholders expect approximately 9% return on assets. Additional data are as follows:

Using the cost-plus pricing approach, what should be the price per unit?

Sales volume Variable costs Fixed cost 400,000 $15 $1,500,000 units per year per unit per year