Humber Company manufactures Financial Calculators and uses an activity-based costing system. Each calculator consists of 10 separate parts totaling $120 in direct materials and requires 2.5 hours of machine time to produce. Additional information follows: Activity Allocation Base Cost Allocation Rate Materials handling Number of parts $1.25 per part Machining Machine hours $2.75 per machine hour Assembling Number of parts $0.50 per part Packaging Number of finished units $1.50 per finished unit.

What is the cost of machining per calculator?