During 2022, Metlock Corp. produced 36,800 units and sold 36,800 for $14.00 per unit. Variable manufacturing costs were $5.00 per unit. Annual fixed manufacturing overhead was $73,600 ($2.00 per unit). Variable selling and administrative costs were $2.00 per unit sold, and fixed selling and administrative expenses were $18,400. Suppose the accountant for Metlock Corp. uses normal-absorption costing and uses the budgeted volume of 46,000 units to allocate the fixed overhead rather than the actual production volume of 36,800 units. The company expenses production volume variance to cost of goods sold in the accounting period in which it occurs. (a) X Your answer is incorrect. Calculate the manufacturing cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Manufacturing cost $ 5 per unit