Quad Bags makes and sells four-wheeled bags. Each bag regularly sells for $275. The following cost data per bag is based on a full capacity of 70,000 bags produced each period.

Direct materials $140

Direct labor. $35

Manufacturing overhead (80% variable

and 20% unavoidable fixed) $40

QB has received a special order for a sale of 20,000 bags to an overseas retailer. The only selling costs that would be incurred on this order would be $5 per bag for shipping. QB is now selling 30,000 bags through regular channels each period. What should be the minimum selling price per bag in negotiating a price for this special order?