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Accepting Business at a Special Price Power Serve Company expects to operate at 88% of productive capacity during July. The total manufacturing costs for July

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Accepting Business at a Special Price Power Serve Company expects to operate at 88% of productive capacity during July. The total manufacturing costs for July for the production of 38,720 batteries are budgeted as follows: Direct materials $471,300 Direct labor 173,300 Variable factory overhead 48,488 Fixed factory overhead 97,000 Total manufacturing costs $790,088 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. hat is the unit cost below which Power Serve Company should not go in bidding on the government contract? Round your answer to two decimal places per unit

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