Blossom Company is preparing its budgeted income statement for 2020. Relevant data pertaining to its sales, production, and direct materials budgets are as follows.

Sales.Sales for the year are expected to total1,000,000units. Quarterly sales are18%,23%,23%, and36%, respectively. The sales price is expected to be $40per unit for the first three quarters and $45per unit beginning in the fourth quarter. Sales in the first quarter of 2021 are expected to be10% higher than the budgeted sales for the first quarter of 2020.

Production.Management desires to maintain the ending finished goods inventories at18% of the next quarter's budgeted sales volume.

Direct materials.Each unit requires2pounds of raw materials at a cost of $9per pound. Management desires to maintain raw materials inventories at10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2021 are490,000pounds.

Blossom budgets0.2hours of direct labor per unit, labor costs at $11per hour, and manufacturing overhead at $17per direct labor hour. Its budgeted selling and administrative expenses for 2020 are $6,500,000.

Calculate the budgeted total unit cost.(Round answer to 2 decimal places, e.g. 12.25.)

Total unit cost =