Accepting Business at a Special Price

Forever Ready Compary expects to operate at $90\%$ of productive capacity during July. The total manufacturing costs for July for the production of $33,300$ batteries are budgeted as follows:

Manufacturing Cost

Direct materials

Direct labor

Amount

$$428,000$

$157,300$

Manufacturing Cost

Variable factory overhead

Fixed factory overhead

Total manufacturing costs

Amount

$44,070$

$88,000$

$$717,370$

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 ar 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