ABC Ltd. incurred $3,500,000 in direct materials costs, $2,800,000 in direct labor costs, and $1,750,000 in manufacturing overhead costs during the month. If the company produced 2,400,000 units of a product,

Cost Component	Amount ($)
Direct Materials	$3,500,000
Direct Labor	$2,800,000
Manufacturing Overhead	$1,750,000
Units Produced	2,400,000

calculate the cost per unit using the absorption costing method.