2. Sutter Corporation uses a job-order costing system with a single plant-wide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:

Total machine-hours		10,000
Total fixed manufacturing overhead cost	$	35,000
Variable manufacturing overhead per machine-hour	$	2.20

Recently, Job T369 was completed with the following characteristics:

Number of units in the job		10
Total machine-hours		40
Direct materials	$	750
Direct labor cost	$	1,560

If the company marks up its unit product costs by 20% then the selling price for a unit in Job T369 is closest to: