Crane Company is preparing its budgeted income statement for 2022 . Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales. Sales for the year are expected to total 1,060,000 units. Quarterly sales are 18%,26%,24%, and 32%, respectively. The unit selling price is expected to be $40 for the first three quarters and $46 beginning in the fourth quarter. Sales in the first quarter of 2023 are expected to be 10% higher than the budgeted sales for the first quarter of 2022 . Production. Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $12 per pound. Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2023 are 477,000 pounds. Crane budgets 0.3 hours of direct labor per unit, labor costs at $12 per hour, and manufacturing overhead at $17 per direct labor hour. Its budgeted selling and administrative expenses for 2022 are $6,360,000. (a) - Your answer is incorrect. Calculate the budgeted total unit cost. (Round answer to 2 decimal places, eg. 12.25)