Taylor & Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,000 were put into production. Direct labor of $880,000 was incurred, manufacturing overhead equaled $495,000, and selling and administrative costs totaled $396,000. The company manufactured 8,400 television sets during the month. Assume that there were no beginning or ending work-in-process balances. What was the per-unit prime cost? (Note: Round your answer to two decimal places.)

a.$156.25

b.$170.24

c.$62.50

d.$263.75