Bags (PB) is a designer of high-quality backpacks and purses. Each design is made in small batches. Each spring, PB comes out with new designs for the backpack and the purse. The company uses these designs for a year and then moves on to the next trend. The bags are all made on the same fabrication equipment that is expected to operate at capacity. The equipment must be switched over to a new design and set up to prepare for the production of each new batch of products. When completed, each batch of products is immediately shipped to a wholesaler. Shipping costs vary with the number of shipments. Budgeted information for the year is as follows:

Pink Bags
Budget for Costs and Activities
For the Year Ended February 29, 2020
Direct materialspurses	$374,850
Direct materialsbackpacks	443,750
Direct manufacturing laborpurses	100,800
Direct manufacturing laborbackpacks	115,625
Setup	186,550
Shipping	69,905
Design	164,000
Plant utilities and administration	225,500
Total	$1,680,980

Other budget information follows:

	Backpacks	Purses	Total
Number of bags	6,250	3,150	9,400
Hours of production	1,550	2,550	4,100
Number of batches	155	50	205
Number of designs	2	2	4

Requirement 4. Calculate the budgeted total costs and cost per unit for each product line. (Round the cost per unit amounts to the nearest cent, X.XX.)