QUESTION 9 FitEase jump ropes used 60 months of historical data to arrive at a total cost estimating equation for its Skipper Plus product. This equation is: Total Cost = $4, 000 + $175 . # of batches + $3.53 . # of ropes sold For December FitEase plans to sell 2,500 ropes which will be manufactured in 20 batches. The retail price for a "Skipper Plus" is estimated to be $11.8 per unit. Based on the cost equation and FitEase's December estimates what is the expected profit per unit for the Skipper Plus product? Round your solution to the nearest $0.01