8. Acme Co. produces a single product. Information about the product for the past year is as follows: 25,000 23,000 $ 26.00 -0- Production (in units) Sales (units) Selling price/unit Beg. Inventory (units) Variable costs per unit: Direct materials Direct labor Variable overhead Variable selling exps. Fixed overhead Fixed selling and admin. $ 8.00 3.00 $ 1.80 4.00 $ 107,500 $ 26,800 The unit product cost using absorption costing would be: $17.10 c. $16.80 b. $12.80 d. $21.10 a. 9. Refer to the data in question 8. The unit product cost using variable costing would be: a. $17.10 c. $16.80 b. $12.80 d. $21.10 10. Refer to the data in question 8. Using absorption costing, the cost of goods sold would be: a. $294,400 c. $393,300 b. $320,000 d. $427,500