Use the following for the 2 questions A Company which produces a single product, has provided the following data for its most recent month of option Number of units produced 1.000 Variable costs per unit Direct materials $10 Direct labor $5 Variable manufacturing overhead $2 Variable selling and administrative e $4 Fixed costs Fixed manufacturing overhead $100,000 Fixed selling and administrative expenses $50,000 *There were no beginning or ending inventory balances Select your answers from the drop down: 1. The unit product cost under absorption costing was: 2. The unit product cost under variable costing was