The Lonestar Corporation has compiled the following data. The company intends to use this information to develop standard costs per unit for its single product: = Direct materials $50 per ton Direct labor $12.75 per hour Variable manufacturing overhead = $5 per direct labor hour Fixed manufacturing overhead = $18,700 = Expected production 1,700 units Each unit of the company's single product requires 2.5 tons of direct materials and 22.5 hours to manufacture. What is the standard cost per unit for direct materials for the company's single product?