Runner Electronics manufactures portable power supply units. Runner has recently decided to use an activity-based approach to cost its products. Production line setups is a major activity at Runner. Next year Runner expects to perform 1,990 setups at a total cost of $2,507,400. Runner plans to produce 700 units of product EP150, which will require 2 setups. How much setup cost will be allocated to each unit of EP150 produced? (Round answer to 2 decimal places, e.g. 15.25.)