43. Given the following data, calculate product cost per unit under absorption costing $7 per unit $1 per unit Direct labor Direct materials Overhead $20,000 $90,000 Total variable overhead Total fixed overhead Expected units to be produced 40,000 units a) b) c) d) e) $8 per unit $12 per unit $8.50 per unit $10.25 per unit $10.75 per unit 44. A job was budgeted to require three hours of labor per unit at $8 per hour. The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $198,000 What is the total labor cost variance? a) $22,000 unfavorable b) $16,000 unfavorable c) $6,000 unfavorable d) $16,000 favorable e) $22,000 favorable 45. Given the following data, calculate the total product cost per unit under variable costing Direct labor Direct materials Overhead $3.50 per unit $1.25 per unit Total variable overhead $41,400 $150,000 Total fixed overhead Expected units to be produced $4.75 per unit $7.05 per unit $15.38 per unit 18,000 units a) b) c) d) e) $13.08 per unit $16 per unit