! Required information (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials $5.50 Direct labor $3.00 Variable manufacturing overhead $1.50 Fixed manufacturing overhead $4.00 Fixed selling expense $2.50 Fixed administrative expense $2.00 Sales commissions $1.00 Variable administrative expense $0.50 4. If 12,500 units are produced and sold, what is the variable cost per unit produced and sold? (Round your answer to 2 decimal places.) Variable cost per unit sold