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17. The Dean Corporation produces and sells a single product. The following data refer to the year just completed: Unit produced Unit sold......... ..30,000 .18,000

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17. The Dean Corporation produces and sells a single product. The following data refer to the year just completed: Unit produced Unit sold......... ..30,000 .18,000 Variable cost per unit Direct Material cost per unit..........$5 Direct labor cost per unit................$3 Variable Manufacture overhead cost per unit .......... $2 selling & admin expenses... $3 Fixed costs per year: Manufacture overhead. $120,000 selling and administration...........$100,000 Compute the cost of a single unit of product under the absorption costing * (3 Points) $14 $13 $16 $10

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