Arntson, Inc., manufactures and sells two products: Product R3 and Product N0. The annual production and sales of Product of R3 is 1,000 units and of Product N0 is 600 units. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:

	Expected Production	Direct Labor-Hours Per Unit	Total Direct Labor-Hours
Product R3	1,000	2.0	2,000
Product N0	600	1.0	600
Total direct labor-hours			2,600

The direct labor rate is $23.90 per DLH. The direct materials cost per unit is $238.00 for Product R3 and $215.00 for Product N0.

The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

		Estimated		Expected Activity
Activity Cost Pools	Activity Measures	Overhead Cost		Product R3	Product N0	Total
Labor-related	DLHs	$	40,336	2,000	600	2,600
Production orders	orders		51,640	1,100	600	1,700
Order size	MHs		432,775	3,400	3,600	7,000
		$	524,751

The unit product cost of Product R3 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)