Cooper Corporation produces power tools. A particular tool requires $150 in direct material costs and requires 4 hours of direct labor time at a direct labor wage rate of $15 per hour. The company uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 11,200 hours and the total estimated manufacturing overhead was $246,400. At the end of the year, actual direct labor-hours for the year were 10,616 hours and the actual manufacturing overhead for the year was $254,800? What is the unit product cost for this tool under normal costing?

	$253.
	$298.
	$301.
	$306.