2. NEIU Company has no beginning and ending inventories, and reports the following information for its only product: Direct materials used Direct labor Fixed indirect manufacturing Variable indirect manufacturing Variable selling and administrative Fixed selling and administrative $125,000 $100,000 $75,000 $25,000 $50,000 $25,000 Units produced and sold 25,000 NEIU Company uses the absorption approach to prepare the income statement. What is the product cost per unit? A) $9.00 B) $13.00 C) $15.00 D) $16.00