Question: True or False? Given the following data, total product cost per unit under variable costing is $7.09. Direct Labor: $2.50 per unit Direct materials: $1.75

True or False? Given the following data, total product cost per unit under variable costing is $7.09. Direct Labor: $2.50 per unit Direct materials: $1.75 per unit Overhead Total variable overhead: $42,600 Total fixed overhead: $160,000 Expected units to be produced: 15,000 units

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