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 workbenches due to aggressive pricing by competitors. Quality's workbench sells for $1,440 whereas the competition's comparable workbench sells for $1,300. Yewell determined that a price drop to $1,300 would be necessary to protect its market share and maintain an annual sales level of 13,600 workbenches Cost data based on sales of 13,600 workbenches: Direct materials (pounds) Direct labor (hours) Machine setups (no. of setups) Mechanical assembly (machine hours) Budgeted Quantity 178,000 74,000 1,200 29,400 Actual Quantity Actual Cost 171,000 $3,453,000 73,000 826,500 1,000 253,000 282,750 3,756,000 If the profit per unit is maintained, the target cost per unit is (rounded to the nearest whole dollar)