Question: I need help with this general accounting problem using proper accounting guidelines. Olds Inc., which produces a single product, has provided the following data for

I need help with this general accounting problem using proper accounting guidelines.

Olds Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $161,000 $326,600 There were no beginning or ending inventories. The absorption costing unit product cost was: a. $176 per unit. b. $218 per unit. c. $183 per unit. d. $299 per unit

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