ABC Ltd. incurred $2,000,000 in direct materials costs, $1,600,000 in direct labor costs, and $1,000,000 in manufacturing overhead costs during the month. If the company produced 1,200,000 units of a product,

Cost Component	Amount ($)
Direct Materials	$2,000,000
Direct Labor	$1,600,000
Manufacturing Overhead	$1,000,000
Units Produced	1,200,000

calculate the cost per unit using the absorption costing method.