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Shed Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $28,000 $23,000 Direct labor 18,000 32,000 The

Shed Industries produces two products. The products' identified costs are as follows:

Product A Product B
Direct materials $28,000 $23,000
Direct labor 18,000 32,000

The company's overhead costs of $62,000 are allocated based on direct labor cost. Assume 12,000 units of product A and 13,000 units of Product B are produced. What is the cost per unit for product A? (Do not round your intermediate calculations, round final answer to two decimal places.)

$5.69

$9.28

$10.01

None of the above answers are correct.

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