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Grube GmbH manufactures a single product that it sells for $ 6 2 per unit. The company had the following cost structure thsi year: Variable

Grube GmbH manufactures a single product that it sells for $62 per unit. The company had the following cost structure thsi year:
Variable Manufacturing Cost per unit: $12
Variable Selling and Administrative cost per unit: $8
Fixed Manufacturing Cost, Total: $626,000
Fixed Selling and Administrative Costs, Total: $364,000
There were no units in beginning inventory. During the year, 58,000 units were produced and 50,000 units were sold.
Under absorption costing, the unit product cost is:
A.$22.79
B.$20.00
C.$15.28
D.$39.80
E.$37.07

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