6.IKS is a small company manufacturing and selling a single product. After its very first year of operation, it is costing 3,500 units. Of these, 3,000 units have been sold. The selling price per unit is $10. Details of the costs incurred are as follows:

Unit variable costs:

Raw materials: $2.50

Direct labour: $1.30

Manufacturing overhead: $0.80

Selling and administrative expenses: $2.25

Total fixed costs:

Manufacturing overhead: $35,000

Selling and administrative expenses: $95,000

What is the unit cost of the product using the full cost method?

a) 4.6 $

b) 14.6 $

c) 16.85 $

d) 16.27 $

e) No answer is appropriate