The company uses a job-order costing system with a predetermined overhead rate using direct labor hours as the allocation base. The company made the following estimates at the beginning of last year: Direct labor-hours required for the estimated production Fixed manufacturing overhead cost Variable manufacturing overhead cost per direct labor-hour The 158,000 $ 659,000 $ 4.20 company started and completed Product last year. It recorded the following information for Producti Direct materials Direct labor cost Direct labor hours used Number of units produced The $ 310 $ 220 35 hours i 50 units company uses a markup percentage of 130% of its total manufacturing cost in determining selling price. The selling price per unit the company would charge for Product, is closest to: (Carry out your calculations up to 2 decimal places) O $13.72 O $31.55 O $33.18 O $ 34.91