Question: Given the following data, calculate product cost per unit under absorption costing. Direct labor $ 7.00 per unit Direct materials $ 1.00 per unit Variable

Given the following data, calculate product cost per unit under absorption costing.

Direct labor $ 7.00 per unit
Direct materials $ 1.00 per unit
Variable overhead $ 0.50 per unit
Fixed overhead $ 90,000
Units produced per year 40,000 units

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