The following data was prepared by the Ivanhoe Company. Variable Fixed Sales price Direct materials used Direct labor Manufacturing overhead Selling and administrative expense Units manufactured Beginning Finished Goods Inventory Ending Finished Goods Inventory Total $20/unit $80,950 $91,000 $92,400 $21,500 18,000 units 20.300 units 24.700 units $8,100 $13,400 $84,300 $8,100 (a) Under absorption costing, what is the unit product cost? (Round answer to 2 decimal places, eg. 15.25.) Unit product cost Under absorption costing, what is the unit product cost? (Round answer to 2 decimal places, eg, 15.25.) Unit product cost $ 14.69 e Textbook and Media Attempts: 1 of 3 used (b) Under variable costing, what is the unit product cost? (Round answer to 2 decimal places, e.3. 15.25) Unit product cost S