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Accepting Business at a Special Price Forever Ready Company expects to operate at 90% of productive capacity during July. The total manufacturing costs for July

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Accepting Business at a Special Price Forever Ready Company expects to operate at 90% of productive capacity during July. The total manufacturing costs for July for the production of 30,600 batteries are budgeted as follows: Direct materials $268,400 Direct labor 98,700 Variable factory overhead 27,640 Fixed factory overhead 55,000 Total manufacturing costs $449,740 The company has an opportunity to submit bid for 1,000 batteries to be delivered by July 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during July or increase the selling or administrative expenses. What is the unit cost below which Forever Ready Company should not go in bidding on the government contract? Round your answer to two decimal places. per unit

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