1 16) Nick Saban Company produces a single product has provided the following data concerning its most recent month of operations: 0 7,300 7,200 100 Units in beginning inventory. Units produced Units sold... Units in ending inventory Variable costs per unit: Direct materials Direct labor..... Variable manufacturing overhead Variable selling and administrative....... Fixed costs: Fixed manufacturing overhead.. Fixed selling and administrative.. $29 $49 $5 $4 $94,900 $79,200 What is the absorption costing unit product cost for the month? A) $83 per unit B) $100 per unit C) $96 per unit D) $87 per unit 1 17) Overcosting a particular product may result in: A) pricing the product too high B) operating efficiencies C) pricing the product too low D) understating total product costs 1. 18) Refining a cost system from traditional costing to ABC involves which of the following? A) Seeking an easier and more cost effective way to calculate average costs B) creating as many cost pools as possible to capture all costs C) identifying the activities involved in a process and understanding how those activities consume resources D) classifying as many costs as indirect costs as is feasible