For an answer to be graded as correct, you must use an Excel formula: 1. Begin each formula with an = sign. 2. Reference cells, instead of entering values. Example: =B3+C3 Under absorption costing, a company had the following per unit costs \begin{tabular}{|l|l|l|} \hline 13 & \multicolumn{1}{|c|}{ A } & \multicolumn{1}{|c|}{ B } \\ \hline 14 & 1. Compute total product cost per unit under absorption \\ \hline 15 & fixed overhead remains at $50,000. & \\ \hline 16 & & \\ \hline 17 & Absorption costing & Per unit \\ \hline 18 & & \\ \hline 19 & & \\ \hline 20 & & \\ \hline 21 & & \\ \hline 22 & Product cost per unit & \\ \hline \end{tabular} 2. If units produced is greater than units sold, will cost of goods sold under absorption costing increase or decrease