Allure Company manufactures and distributes two products, M and XY$.$ Overhead costs are currently allocated using the number of units produced as the allocation base. The controller has recommended changing to an activity$-$based costing $(ABC)$ system. She has collected the following information:

$\backslash$table$[[$Activity$,$Cost Driver,Amount,M$,$XY$],[$Production setups,Number of setups,$$90,000,12,18],[$Material handling,Number of parts,$45,000,63,27],[$Packaging costs,Number of units,$165,000,90,000,60,000],[,,$$$300,000,,]]$

What is the total overhead per unit allocated to Product M using activity$-$based costing $($ABC$)?$ Note: Do not round intermediate calculations; round your final answer to the nearest cent.

Multiple Choice

$$1\mathrm{.}85$

$$2\mathrm{.}25$

$$2\mathrm{.}23$