The following data was prepared by the Cullumber Company. Total Variable Sales price $20/unit Direct materials used $95,850 Direct labor $95.000 Manufacturing overhead $133,600 $13.900 Selling and administrative expense $22,900 $13.500 Units manufactured 31.500 units Beginning Finished Goods Inventory 20.500 units Ending Finished Goods Inventory 8.000 units Fixed $119.700 $9.400 Under absorption costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.) Unit product cost $ 10.30 eTextbook and Media ✓ Your answer is correct. Under variable costing, what is the unit product cost? (Round answer to 2 decimal places, e.g. 15.25.) Unit product cost $ 6.50 (b) 10 (c) Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e.g. 2.52 and final answer to 0 decimal place, e.g. 2,152.) Cost of goods sold
