Example $1-$Absorption Costing

Company B produced $1,000$ units and at the end of the period $200$ units are sill on hand $($there is no beginning finished goods inventory$).$ Manufacturing costs are given below:

Cost of direct material used

Cost of direct labor

Variable manufacturing overhead

Fixed manufacturing overhead

Calculate the product cost per urit.

$$20,000$

$$10,000$

$$8,000$

$$5,000$