Oriole Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes.

Sales price$41.17Variable cost of goods sold13.17Variable selling expenses11.77Variable administrative expenses4.17Annual fixed expensesOverhead$9,360,000Selling expenses1,860,000Administrative expenses3,900,000

Oriole can produce1,800,000cases a year. The projected net income for the coming year is expected to be $2,160,000. Oriole is subject to a40% income tax rate.

During the planning sessions, Oriole's managers have been reviewing costs and expenses. They estimate that the company's variable cost of goods sold will increase15% in the coming year and that fixed administrative expenses will increase by $180,000. All other costs and expenses are expected to remain the same.

(a1)

Calculate contribution margin per unit for the coming year.(Round contribution margin per unit to 2 decimal places, e.g. 0.38.)

Contribution margin per unit$