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Using the following data, determine the unit product cost under absorption costing.
Units produced
1,000
Direct materials
$6
Direct labor
$10
Fixed overhead
$6,000
Variable overhead
$6
Fixed selling and administrative
$2,000
Variable selling and administrative
$2


$28

Feedback: The correct answer is C (Learning Objective 1):The unit product cost under absorption costing is determined as follows:Direct materials$6Direct labor10Variable overhead6Fixed overhead ($6,000 ÷ 1,000)6    Unit cost$28