Quality Industries manufactures large Workbenches for industrial use. Yewell Hartnet, the Vice President for marketing at Quality Industries, concluded from market analysis that sales were dwindling for Quality's 3 5 Workbenches clue to aggressive pricing by competitors, Quality's workbench sells for $1,140 whereas the competition's comparable workbench sells for $1,060, Yewell determined thata price drapto $1,060 would be necessary to protect Its market share and maintain an annual sales level of 13,000 Workbenches, Cast data based on sales 0111000 Workbenches: 2 palms Budgeted Actual Quantity Quantity Actual Cost Direct materials (pounds) 175,669 168,803 $3,456,306 Direct labor (haurs) 72,896 71,599 825,898 Machine setups (no. of Setups) 988 883 259,338 Mechanical assembly (machine hours) 273,686 281,259 3,758,808 The current prot per unit is [rounded to the nearest whole dollar]