Kray Inc., which produces a single product, has provided the following data for its most recent month of operations. There were no beginning or ending inventories.
Number of units produced6,000
Variable costs per unit:
Direct materials $40
Direct labor $19
Variable manufacturing overhead $8
Variable selling and administrative expense $2
Fixed costs:
Fixed manufacturing overhead $144,000
Fixed selling and administrative expense $198,000
The absorption costing unit product cost was:_________.
a. $69 per unit
b. $61 per unit
c. $67 per unit
d. $91 per unit