Assume the following data for 136,000 units of a product that Water Source Company expects to produce and sell during the current year: Manufacturing costs: Direct materials $1,471,000 Direct labor 3,560,000 Factory overhead: Variable costs $339,000 Fixed costs 113,000 452,000 Total manufacturing costs $5,483,000 Selling and administrative expenses: Variable expenses $355,000 Fixed costs 611,000 Total selling and administrative expenses 966,000 Total cost $6,449,000 Desired rate of return 29% Total assets $1,040,000 What will the normal selling price per unit be if calculated using the total cost concept? (Round the computations to two decimal places.)