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Royal Mfg . reported the following Income Statement for 2 0 2 3 . The 2 0 2 4 budget incorporates the following assumptions and

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Royal Mfg. reported the following Income Statement for 2023.
The 2024 budget incorporates the following assumptions and changes from the 2023 results shown above.
A. All depreciation charges are fixed costs.
B. Manufacturing depreciation charges are expected to increase by 6 percent in 2024.
C. Marketing and administrative depreciation charges are not expected to change for 2024.
D. Unit sales are expected to increase by 3 percent, but unit sales prices are expected to fall by 4 percent in 2024.
E. Direct materials costs per unit are budgeted to decrease by 7 percent over 2023.
F. Conversion costs per unit are expected to increase by 4 percent over 2023.
G. Fixed manufacturing costs (cash) are expected to increase by 2 percent over 2023.
H. Variable marketing costs will change proportionately with units sold.
I. Fixed administrative costs (cash) are expected to decrease by 10 percent in 2024 relative to 2023.
J. You may ignore inventories and assume sales are on a cash basis.
Answer the required questions based on the budgeted Income Statement for 2024.
A:) Calculate the budgeted sales price per unit for 2024. Round to the nearest $0.001
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