In his spare time, Raymond (Red) Redington , a former US Navy officer turned high-profile criminal, operates a company that manufactures low level spy equipment for the general public. A job for was recently completed for the local Technical College. The following information been recorded on its job cost sheet:

Direct materials $ 49,000 Direct labor-hours 670 DLHs Direct labor wage rate $ 12 per DLH Number of units completed 3,000 units

The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $10 per direct labor-hour.

Required:

Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)