Lasting Products Ltd. produces a single product. The following is a summary of the cost to produce and sell one unit: Cost per unit Direct materials Direct labour Variable overhead Variable selling expenses Fixed overhead Total cost $ 35.00 25.00 17.50 7.25 2.00 $ 86.75 The fixed overhead cost of $2 per unit is based on the expected annual production of 125,000 units. If more than 125,000 units are produced, Lasting will incur an additional $215,000 of fixed overhead costs. Fixed selling and administrative expense is $150,000, regardless of the number of units sold. Lasting expects to sell 122,000 units in the coming year. Lasting has been invited to bid on a contract to supply a special order of 10,000 units. Lasting expects to incur only $2.50 per unit in variable selling expenses to fill the special order; all other variable costs will remain unchanged. The 10,000 units will be added to Lasting's regular production schedule. What is the acceptable minimum price that Lasting should bid?