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Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs.
Variable Costs per Unit
Direct materials
$7.88
Direct labor
$3.62
Variable manufacturing overhead
$6.09
Variable selling and administrative expenses
$4.10
Fixed Costs per Year
Fixed manufacturing overhead
$244,590
Fixed selling and administrative expenses
$220,605
Siren Company sells the fishing lures for $26.25. During 2017, the company sold 81,000 lures and produced 93,000 lures.
Assuming the company uses variable costing, calculate Siren's manufacturing cost per unit for 2017.
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