Required information [The following information applies to the questions displayed below.] The market price for a product has been $64 per unit, but competitive pressures have reduced the market price to $60. The firm manufactures 15,500 of these products per year at a manufacturing cost of $46 per unit (including $25 fixed cost and $21 variable cost per unit). Other selling and administrative costs for the product are $1 per unit. The firm ignores competitive prices because it has a differentiated product. It uses full manufacturing cost-based pricing with a 42% markup. What is the firm's price? (Round your answer to 2 decimal places.) Firm's price per unit