9

Macy Corporation's relevant range of activity is 6,300 units to 13,500 units. When it produces and sells 9,900 units, its average costs per unit are as follows:

	Average Cost per Unit
Direct materials	$	5.20
Direct labor	$	3.65
Variable manufacturing overhead	$	1.65
Fixed manufacturing overhead	$	2.90
Fixed selling expense	$	0.95
Fixed administrative expense	$	0.65
Sales commissions	$	0.90
Variable administrative expense	$	0.55

If the selling price is $29.00 per unit, the contribution margin per unit sold is closest to: