The Specialized product company manufactures expensive and unusual gifts. The first new product to be produced is an atomic wrist watch. An extensive R&D project is underway with an estimated cost for this at $$10$ million. In planning, management wants to get an estimate of the likely variable costs that the company can sustain in order to make this viable. The company already has orders for $4,500$ watches. The company plans to sell each watch for $$2500.$

What minimum variable cost can the company sustain, in order to breakeven? Use $2$ decimal places.