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Required information

$[$The following information applies to the questions displayed below.$]$

Morganton Company makes one product and it provided the following information to help prepare the master budget:

a$.$ The budgeted selling price per unit is $$60.$ Budgeted unit sales for June, July, August, and September are $8,600,17,000,19,000,$ and $20,000$ units, respectively. All sales are on credit.

b$.$ Thirty percent of credit sales are collected in the month of the sale and $70\%$ in the following month.

c$.$ The ending finished goods inventory equals $25\%$ of the following month's unit sales.

d$.$ The ending raw materials inventory equals $10\%$ of the following month's raw materials production needs. Each unit of finished goods requires $5$ pounds of raw materials. The raw materials cost $$2\mathrm{.}40$ per pound.

e$.$ Thirty five percent of raw materials purchases are paid for in the month of purchase and $65\%$ in the following month.

$f.$ The direct labor wage rate is $$14$ per hour. Each unit of finished goods requires two direct labor$-$hours.

g$.$ The variable selling and administrative expense per unit sold is $$1\mathrm{.}80.$ The fixed selling and administrative expense per month is $$67,000.$

$11.$ If we assume that there is no fixed manufacturing overhead and the variable manufacturing overhead is $$6$ per direct labor$-$hour, what is the estimated unit product cost?

Note: Round your answer to $2$ decimal places.

Unit product cost