Mohiam Publishing produces paperback books and had the following information available when 8,400 units were made: Administrative wages $29,400 Wages for factory workers 16,800 Paper 7,700 Rent on factory equipment 14,200 Salary of factory manager 5,400 Advertising (variable) 3,300 If the company uses the cost plus approach to pricing and would like to achieve a 20% profit what price should it set for each of its products? As needed, round your final answer (but not intermediate steps) to two decimal places.