Power Serve Company expects to operate at 88% of productive capacity during July. The total manufacturing costs for July for the production of 37,840 batteries are budgeted as follows:

Direct materials$331,900

Direct labor122,000

Variable factory overhead34,236

Fixed factory overhead68,000

Total manufacturing costs$556,136

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 Serve Company should not go in bidding on the government contract? Round your answer to two decimal places.

? $ per unit