1. Using absorption costing, which of the following manufacturing costs are assigned to products? a. Direct materials and direct labor. b. Direct labor and variable manufacturing overhead. C. Fixed manufacturing overhead, direct materials, and direct labor. d. Variable manufacturing overhead, direct materials, and direct labor. e. Variable manufacturing overhead, direct materials, direct labor, and fixed manufacturing overhead. 2. Mentor Corp. has provided the following information for the current year: Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Nariable selling and administrative costs Fixed selling and administrative costs 3,500 units $200 per unit $70 per unit $55 per unit $20 per unit $350,000 per year $30 per unit $150,000 per year Calculate the unit product cost using absorption costing. a. . $245 b. $275 C. $55 d. $145 3. Using the information for Mentor Corp. above, calculate the unit product cost using variable costing. a. $245 b. $275 C. $55 d. $145 4. Under absorption costing, a company had the following unit costs when 9,000 units were produced. Direct labor Direct material Variable overhead Fixed overhead ($67,500/9,000 units) Total production cost $ $ $ $ $ 7.25 per unit 8.00 per unit 5.50 per unit 7.50 per unit 28.25 per unit Compute the total product cost per unit under absorption costing if 25,000 units had been produced. a. $28.25 b. $23.45 c. $26.25 d. $20.75 e. $15.25