Juanita Company must decide whether to make or buy some of its components. The costs of producing 50,000 electrical cords for its floor lamps are as follows:

Direct materials

$60,000

Variable overhead

$12,000

Direct labor

$30,000

Fixed overhead

$8,000

Instead of making the electrical cords at an average cost per unit of $2.20 ($110,000 / 50,000), the company has an opportunity to buy the cords at $2.35 per unit. If the electrical cords are purchased, $1,000 of the fixed cost incurred in producing the electrical cords can be eliminated.

How much would be total cost per unit, if the company purchase the electrical cords?