7. Upton Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHs). The company has two products, Long and Short, about which it has provided the following data:

	Long				Short
Direct materials per unit	$	15.80			$	47.50
Direct labor per unit	$	18.40			$	52.00
Direct labor-hours per unit		0.60				1.80
Annual production		35,000				25,000

The company's estimated total manufacturing overhead for the year is $4,015,440 and the company's estimated total direct labor-hours for the year is 66,000.

The company is considering using a variation of activity-based costing to determine its unit product costs for external reports. Data for this proposed activity-based costing system appear below:

Activities and Activity Measures	Estimated Overhead Cost
Direct labor support (DLHs)		$	2,514,640
Setting up machines (setups)			460,800
Part administration (part types)			1,040,000
Total		$	4,015,440

	Expected Activity
	Long		Short		Total
DLHs	21,000		45,000		66,000
Setups	1,300		2,300		3,600
Part types	860		2,650		3,510

The unit product cost of product Long under the company's traditional costing system is closest to: