3. The Alfarm Corporation processes raw milk up to the split-off point where two products, cream and liquid skim, are produced and sold. There was no beginning inventory. The following material was collected for the month of February: Production : Cream 445.000 liters Liquid skim 293,000 liters Selling price : Cream $11 per liter Liquid skim $10 per liter The cost of purchasing direct materials and processing it up to the split-off point was $2,350,000. Required: When using the relative sales-value method, what is Cream's approximate joint cost per liter? (Round your final answer to 2 decimal place)