ABC Companys budgeted sales for June, July, and August are 14,800, 18,800, and 16,800 units respectively. Each unit that ABC Company produces uses 5 pounds of raw material. ABC requires 25% of the next months budgeted production as raw material inventory each month. ABC Company currently pays a standard rate of $1 per pound for raw materials. Each unit should be produced in 15 minutes of direct labor time at a standard direct labor rate of $10 per hour. Manufacturing overhead is applied at the standard rate of $14 per direct labor hour.

Required: Calculate the standard cost per unit for ABC Company. (Round your answer to 2 decimal places.)