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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 38,700 batteries are budgeted as follows: Direct materials $502,600 Direct labor 184,800 Variable factory overhead 51,770 Fixed factory overhead 103,000 Total manufacturing costs $842,170 The company has an opportunity to submit a bid for 2,000 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. 19.11 X per unit Feedk Chck My W Divide the variable cost by the number of batteries budgeted for production Learning Objective 1

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