MedTech, Inc., manufactures and sells diagnostic equipment used in the medical profession. Its job costing system was designed using an activity-based costing approach. Direct materials and direct labor costs are accumulated separately, along with information concerning four manufacturing overhead cost drivers (activities). Assume that the direct labor rate is $29 per hour and that there were no beginning inventories. The following information was available for 2013, based on an expected production level of 400,000 units for the year: Activity (Cost Driver) Budgeted Costs for 2013 Cost Driver Used as Allocation Base Cost Allocation Rate Materials handling $ 3,400,000 Number of parts used $ 3.75 per part Milling and grinding 8,600,000 Number of machine hours 14.50 per hour Assembly and inspection 6,000,000 Direct labor hours worked 6.25 per hour Testing 1,300,000 Number of units tested 3.25 per unit The following production, costs, and activities occurred during the month of August: Units Produced/Tested Direct Materials Costs Number of Parts Used Machine Hours Direct Labor Hours 51,000 $3,200,000 285,000 93,000 155,000
Calculate the total manufacturing costs and the cost per unit produced and tested during the month of August for MedTech, Inc. (Round "Cost per unit" to 2 decimal places.)