The following standard cost card is provided for Navid Company's Product A:

Direct material (3 lbs. @ $3.00 per lb.)	$	9.00
Direct labor (2 hr @ $8.00 per hr.)		16.00
Variable overhead (1 hr. @ $2.00 per hr.)		2.00
Fixed overhead (1 hr. @ $3.00 per hr.)		3.00
Total standard cost per unit	$	30.00

The fixed overhead rate is based on total budgeted fixed overhead of $16,000. During the period, the company produced and sold 5,100 units at the following costs: Direct material 16,000 pounds @ $2.50 per pound Direct labor 4,850 hours @ $16.00 per hour Overhead $29,980 The standard manufacturing cost per unit is $30.00. What is the actual manufacturing cost per unit? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Multiple Choice

• $31.60.

• $30.88.

• $28.94.

• Cannot be determined from the information provided.