A company is trying to decide between two machines for its manufacturing line. The Process 1000 has an initial cost of $53701 and operating costs of $12 per hour. It will allow the company to produce a higher quality product, providing an annual benefit of $82068. The company will use the Process1000 10220 hours per year. The Process1000 has a useful life 3 years and an estimated salvage value of $15716 at the end of its useful life.
The Super X has an initial cost of $75162. It is a bigger machine and can process more at a time so the company will ony need to use it for 8383 hours per year. The Super X has an estimated benefit of $85068 per year. The Super X will have a useful life of 8 years and a salvage value of $28512 at the end of its useful life.
Using a MARR of 10%, what is the maximum operating cost per hour at which the Super X could run to make it equally desirable to the Process1000?
Enter your answer as follows: 12.34
Round your answer to 2 decimal places. Do not use a dollar sign ("$") or any commas (",").