company has identified the following overhead costs and cost drivers for the coming year:

			Budgeted
Overhead Item	Cost Driver	Budgeted Cost	Activity Level
Machine setup	Number of setups	$ 21,000	200
Inspection	Number of inspections	112,500	4,500
Material handling	Number of material moves	90,000	6,000
Engineering	Engineering hours	15,000	600

Budgeted direct labor cost was $119,250 and budgeted direct material cost was $331,900. The following information was collected on three jobs that were completed during the year:

	Job 101		Job 102		Job 103
Direct materials	$ 4,500		$ 9,500		$ 5,500
Direct labor	$ 2,100		$ 2,100		$ 4,200
Units completed	75		40		100
Number of setups	1		1		3
Number of inspections	15		8		10
Number of material moves	20		8		25
Engineering hours	8		40		5

The company prices its products at 125% of cost. If the company uses activity-based costing (ABC), the price of each unit of Job 103 would be (Round your final answer to 2 decimal places.)