Denmann Letterman Jacket Co. makes letterman jackets and uses a job-order costing system with a single plant-wide predetermined overhead rate based on direct labor-hours. Denmann based its predetermined overhead rate for the current year on the following data:

Denmann Letterman Jacket Co. makes letterman jackets and uses a job-order costing system with a single plant-wide predetermined overhead rate based on direct labor- hours. Denmann based its predetermined overhead rate for the current year on the following data: 47,000 Total direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per direct labor-hour $202,100 $ 2.00 Recently, Job MCHS951 was completed with the following characteristics: 50 100 Number of units in the job Total direct labor-hours Direct materials Direct labor cost 850 $ 4,700 When calculating, you determine the unit price for Job MCHS951 is closest to: (Round your intermediate calculations to 2 decimal places.)