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 $1,590 whereas the competition's comparable workbench sells for $1.420. Yewell determined that a price drop to $1,420 would be necessary to protect its market share and maintain an annual sales level of 13.900 workbenches Cost data based on sales of 13,900 workbenches: Direct materials (pounds) Direct labor (hours) Machine setups (no. of setups) Mechanical assembly (machine hours) Budgeted Quantity 179,500 74,600 1,350 30,450 Actual Quantity 172,500 73,750 1,060 283,500 Actual Cost $3,454,500 827,250 254,500 3,759,000 The current cost per unit is (rounded to the nearest whole dollar)