China Trade, Inc., manufactures custom-made stuffed animals. Last month the company produced 500 stuffed pandas for the local zoo to sell at a fund-raising event. Using job order costing, determine the product unit cost of a stuffed panda based on the following costs incurred during the month: manufacturing utilities, $200; depreciation on manufacturing equipment, $250; indirect materials, $150; direct materials, $1,000; indirect labor, $400; direct labor, $1,200; sales commissions, $3,000; president’s salary, $4,000; insurance on manufacturing plant, $300; advertising expense, $500; rent on manufacturing plant, $2,500; rent on sales office, $4,000; and legal expense, $250.