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Power Pack Company expects to operate at 90% of productive capacity during July. The total manufacturing costs for July for the production of 38,700 batteries

Power Pack Company expects to operate at 90% of productive capacity during July. The total manufacturing costs for July for the production of 38,700 batteries are budgeted as follows:

Direct materials $605,300
Direct labor 222,500
Variable factory overhead 62,300
Fixed factory overhead 125,000
Total manufacturing costs $1,015,100

The company has an opportunity to submit a bid for 2,000 batteries to be delivered by July 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during July or increase the selling or administrative expenses.

What is the unit cost below which Power Pack Company should not go in bidding on the government contract? Round your answer to two decimal places. $fill in the blank 1 per unit

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