ABC Ltd. incurred $24,240,000 in direct materials costs, $19,392,000 in direct labor costs, and $12,120,000 in manufacturing overhead costs during the month. If the company produced 17,040,000 units of a product,

Cost Component	Amount ($)
Direct Materials	$24,240,000
Direct Labor	$19,392,000
Manufacturing Overhead	$12,120,000
Units Produced	17,040,000

calculate the cost per unit using the absorption costing method.