Required information

Exercise $6-3($Algo$)$ Income statement under absorption costing and variable costing LO P$1,$ P$2$

$[$The following information applles to the questlons displayed below.$]($Please help thank you! I'll leave a good review!$)$

Cool Sky reports the following for its first year of operations. The company produced $44,000$ units and sold $36,000$ units at a price of $\backslash (\backslash$$ $150\backslash )$ per unit.

Direct materials

Direct labor

Variable overhead

Fixed overhead

Variable selling and administrative expenses

Fixed selling and administrative expenses

$```$

$ $66$ per unit

$$25$

$$9\}\backslash$mathrm$\{$ per unit

$$572,000$ per year

$ $11$ per unit

$$105,000$ per year

$```$

Exercise $6-3($Algo$)$ Part $1$a

$1$a$.$ Assume the company uses absorption costing. Determine its total product cost per unit.