1. Pace Company had the following costs: (Click on the icon to view the data.) Calculate the unit product cost using absorption costing and variable costing. (If a box is not used in the table leave the box empty, do not or enter a zero.) Variable Data Table Absorption Costing Costing 530 units $ Units produced Manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Selling and administrative costs: Variable selling and administrative costs Fixed selling and administrative costs 23 per unit 42 per unit 9 per unit Total unit product cost 10,070 per year 36 per unit 5,830 per year