2-15

Abdi Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $81 Units in beginning inventory 0 Units produced 7,300 Units sold 7,000 Units in ending inventory 300 Variable costs per unit: Direct materials $20 Direct labor $30 Variable manufacturing overhead $7 Variable selling and administrative $11 Fixed costs: Fixed manufacturing overhead $65,700 Fixed selling and administrative $21,000 What is the unit product cost for the month under absorption costing? $66 $77 $57 $68