The inventory footnote to the annual report of Ballistic Brothers & Co. reads in part as follows:

Because of continuing high demand throughout the year, inventories were unavoidably reduced and could not be replaced. Under the LIFO system of accounting, used for many years by Ballistic Brothers & Co., the net effect of all the inventory changes was to increase pretax income by $900,000 over what it would have been had inventories been maintained at their physical levels at the start of the year.

The price of Ballistic Brothers & Co.'s merchandise purchases was $26 per unit during the year, after having risen erratically over past years. Ballistic Brothers & Co.'s inventory positions at the beginning and the end of the year appear below:

Date Physical Count of Inventory LIFO Cost of Inventory January 1st 200,000 units ? December 31st 150,000 units $600,000

Answer the following questions:

11. What was the average cost per unit of the 50,000 units removed from the January 1st inventory?