Towing Company produces exercise bikes. The following information relates to the estimated overhead costs for Towing Company for 2020: Engineering support ............. $700,000 Receiving ....................... 300,000 Setting up batches .............. 400,000 Materials handling .............. 500,000 Maintenance ..................... 600,000 Purchasing ...................... 200,000 Towing Company assigns overhead costs to products using an activity based costing system. The following information pertains to the activity based cost drivers and overhead costs: Type of cost Activity based cost driver Engineering support .......... 40,000 engineering hours Receiving .................... 20,000 orders processed Setting up batches ........... 100,000 setups Materials handling ........... 80,000 material moves Maintenance .................. 100,000 direct labor hours Purchasing ................... 160,000 requisitions processed One type of exercise bike that Towing Company produces is a deluxe model. During 2020, Towing Company produced 25,000 deluxe model exercise bikes. The following information relates to the production of the deluxe models in 2020: Direct material cost ....................... $800,000 Direct labor cost .......................... $600,000 Number of orders processed ................. 5,000 orders Number of machine setups ................... 35,000 setups Engineering hours worked ................... 14,000 hours Number of purchase requisitions processed .. 38,000 requisitions Number of material handling moves .......... 30,000 moves Towing Company pays its direct laborers $16 per hour. Calculate the total manufacturing cost per unit for the deluxe model bikes produced in 2020.