Nuclear Company uses activity based absorption costing to determine its unit product costs for the two products it manufactures, Neutron and Proton Estimated costs for the upcoming year for the three activities associated with manufacturing overhead are given in the table which follows: Activity Supporting direct labor Setting up machines Parts administration Activity Measure Direct.labor hours #of machine set-ups #of part types Estimated overhead cost $534,600 $500,850 $347040 The estimated level of activity for three overhead costs are given in the table below: Expected level of activity Activity Supporting direct labor (DLH) Setting up machines (set-ups) Parts administration (part types) Product Neutron 12,000 1,500 Product Proton 24,000 1200 250 Total 36.000 2,700 900 650 Budgeted production for the two products is as follows: Annual production (units) Product Neutron 50,000 Product Proton 24,000 Calculate the amount of manufacturing overhead that would be applied to one unit of Product Neutron under the company's activity-based absorption costing system Round your answer to the nearest cent