At a sales volume of 32,000 units, CD Company's total fixed costs are $64,000 and total variable costs are $60,000. The relevant range is 30,000 to 55,000 units.

If CD Company sells 50,000 units, what is the total expected cost per unit? (Do not round intermediate computations). Round final answer to the nearest cent.

$3.20.

$2.48.

$3.88.

$3.16.