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Reed Productions has provided the following information for the year: Direct Labor $153,000 Beginning Work-in-Process Inventory 62.000 Direct Materials Used 269.000 52,800 Ending Work in

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Reed Productions has provided the following information for the year: Direct Labor $153,000 Beginning Work-in-Process Inventory 62.000 Direct Materials Used 269.000 52,800 Ending Work in Process Inventory Manufacturing Overhead 132,500 During the year, Reed produced 72.960 units of product. Calculate the unit product cost. (Round your answer to the nearest cent.)

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