Consider the following data: Variable selling and administrative costs per unit $ Total fixed selling and administrative

Consider the following data:

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Variable selling and administrative costs per unit $ Total fixed selling and administrative costs Total fixed manufacturing costs Variable manufacturing costs per unit Units produced and sold 3.00 $2,900,000 $3,000,000 $ 10.00 500,000 1. Compute the following per unit of product: (a) total variable costs, (b) absorption cost, (c) full cost. 2. Give a synonym for full cost.