Campaign Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended:

Actual units produced: 14,000

Actual fixed overhead incurred: $737,000

Actual machine hours worked: 63,000

Budgeted fixed overhead: $757,900

Planned level of machine-hour activity: 53,000

If Campaign estimates four hours to manufacture a completed unit, the company's standard fixed overhead rate per machine hour would be: