Three production processes $-$ A$,$ B$,$ and C $-$ have the following cost structure:the selling price is $7\mathrm{.}47$ per unitProcessFixed Costper YearVariable Costper UnitA$1417493\mathrm{.}07$B$975483\mathrm{.}54$C$709394\mathrm{.}101.$ What is the cost of process A for a volume of $8504$ units? $($round to the nearest cent$).$Note: Please type a number and only a number in text boxes