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The following information pertains to the single product of the Sectional Sofa Company, a manufacturer of sectional Sofas. Unites Produced 8 6 6 units Direct

The following information pertains to the single product of the Sectional Sofa Company, a manufacturer of sectional Sofas.
Unites Produced 866 units
Direct Materials $369 per sofa
Direct Labor $95 per sofa
Variable Manufacturing Overhead $15 per sofa
Fixed Manufacturing Overhead $237,613 per year
Variable S & A Costs $44 per sofa
Fixed S & A Costs $316,128 per year
Selling Price $1,962 per sofa
On the basis of full absorption costing, what is the per unit product cost of for the Sectional Sofa Company? Include two decimal places in your answer.

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