Woodstuff Inc. produces hardwood flooring for homes and businesses. They reported the following financial information for the previous period:

Direct materials:

2,000 board feet used (purchased at $2/board foot)

Direct labor:

7.5 hours per employee, 10 employees, each paid at $25/hr

Production manager salary:

$2,250

Accounting manager salary:

$1,750

Factory rent:

$2,500

Administration building rent:

$1,500

Factory utilities:

$750 (based on power usage)

Equipment depreciation:

$2,500

Equipment maintenance:

$500 (considered a variable expense)

Total board feet produced in the period:

1,800

What is the per-board-foot cost of inventory produced under variable costing? Round your answer to the nearest cent.