Grounded Coffee Products manufactures coffee tables. Grounded Coffee Products has a policy of adding a 10% markup to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:
| Direct manufacturing labor-hours | 14,000 | hours |
| Direct materials per unit | $140 | |
| Direct manufacturing labor per hour | $20 | |
| Variable manufacturing overhead costs | $360,000 | |
| Fixed manufacturing overhead costs | $1,500,000 | |
| Product and process design costs | $1,400,000 | |
| Marketing and distribution costs | $1,000,000 |
Grounded Coffee Products is approached by an overseas customer to fulfill a one-time-only special order for 5000 units. All cost relationships remain the same except for a one-time setup charge of $60,000. No additional design, marketing, or distribution costs will be incurred. What is the minimum acceptable bid per unit on this one-time-only special order? (Round your final answer to the nearest cent.)
◦ $184.00
◦ $484.00
◦ $172.00
◦ $238.00
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