Cadott has the following estimates for the upcoming year:

Activity Cost Pool	Activity Rate
Machine-hours	$	2.10	per machine-hour
Machine setups	$	110	per setup
Product testing	$	113	per test

Cost and activity information for two of Cadotts products is as follows:

	P34		W85
Direct materials	$	30,500	$	26,750
Direct labor	$	15,500	$	23,000
Machine-hours		1,410		1,110
Machine setups		16		71
Tests		41		41
Number of units produced during the year		10,000		25,000

Compute the unit product cost for product W85 (Round your answer to 2 decimal places).

Please show all steps. Thank you

Multiple Choice O $0.59 $18.84 O $2.58 $2.58 $16.49