Globe Company manufactures product Z97, which incurs costs of $175 for direct materials and $140 for direct labour per unit. The company estimated its production overhead and direct labour hours for the month as follows:

	Department A	Department B	Department C
Overhead costs	$95,000	$127,000	$83,000
Direct labour hours	4,500	12,000	5,500

Each unit of product Z97 is produced using:

• 15 labour hours in department A
• 10 labour hours in department B, and
• 9 labour hours in department C

Calculate the cost of one unit of product Z97 using a company-wide overhead rate assuming the allocation base is direct labour hours. (5 marks)