Sivret Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: 
Recently, Job M598 was completed with the following characteristics:
If the company marks up its unit product costs by 40% then the selling price for a unit in Job M598 is closest to: (Round your intermediate calculations to 2 decimal places.)
Definitions:
Actual Output
The real, measured output of a system or process, as opposed to expected or theoretical outputs, used for performance assessment and adjustments.
Desired Output
The intended result or effect that a system or process aims to achieve.
Closed-Loop Control System
A control system where the output influences the input through a feedback loop, aiming for stable and accurate control.
Modbus
A network that uses a master/slave communication technique.
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