Emu Manufacturing produces two popular toys - Blox and Shapez, at its factories around Australia. Information on the two products at the Adelaide plant is as follows:
Blox ($) Shapez ($)
Direct material per unit 9 16
Direct labour per unit 20 35
Manufacturing overhead per unit 9 12
Selling & Admin. expenses per unit 21 31
The company is investigating the use of an Activity-based costing system and has identified two principal activities associated with manufacturing overheads: Supervision and Quality Inspections. In the last quarter, Supervision costs amounted to $103,949 and are driven by the number of Supervision hours; Quality inspection costs totaled $123,566 and are driven by the number of inspections.
Each Blox requires 45 minutes of supervision time and a single quality inspection. Each Shapez requires one hour of supervision time, and every second Shapez goes through a quality inspection.
The Adelaide plant produced and sold 51,094 Blox and 29,562 Shapez in the last quarter, at a selling price of $65 for Blox and $135 for Shapez.
Calculate the manufacturing cost per Shapez unit, if activity-based costing had been used in the last quarter. (Round your answer to two decimal places.)