Moskowitz Corporation has provided the following data for its two most recent years of operation:

Selling price per unit $ $91$

Manufacturing costs:

Variable manufacturing cost per unit produced:

Direct materials $ $13$

Direct labor $ $7$

Variable manufacturing overhead $ $3$

Fixed manufacturing overhead per year $ $480,000$

Selling and administrative expenses:

Variable selling and administrative expense per unit sold $ $6$

Fixed selling and administrative expense per year $ $84,000$

Year $1$ Year $2$

Units in beginning inventory $03,000$

Units produced during the year $12,00010,000$

Units sold during the year $9,00010,000$

Units in ending inventory $3,0003,000$

The unit product cost under variable costing in Year $1$ is closest to:

Multiple Choice

$$63\mathrm{.}00$ Incorrect

$$69\mathrm{.}00$

$$23\mathrm{.}00$

$$29\mathrm{.}00$