5 Baxtell Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: 20 20 points X 01:51:19 eBook Variable costs per unit: Manufacturing: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expense +A 32 2266 375,000 157,200 During the year, the company produced 31,250 units and sold 26,200 units. The selling price of the company's product is $88 per unit. Required: 1. Assume that the company uses absorption costing. Print a. Compute the unit product cost. Unit product cost