Martinez Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders to keep the factory production at 10,000 helmets per month (80% of its full capacity). Martinezs monthly manufacturing cost and other expense data are as follows.

Rent on factory equipment

$11,500

Insurance on factory building

2,490

Raw materials used (plastics, polystyrene, etc.)

79,700

Utility costs for factory

910

Supplies for general office

340

Wages for assembly-line workers

63,700

Depreciation on office equipment

840

Miscellaneous materials (glue, thread, etc.)

1,220

Factory managers salary

6,400

Property taxes on factory building

480

Advertising for helmets

14,500

Sales commissions

10,600

Depreciation on factory building

1,600

Compute the cost to produce one helmet. (Round answer to 2 decimal places, e.g. 15.25.)

Production cost per helmet

$enter production cost per helmet rounded to 2 decimal places