A company provided the following information about its one and only product: Direct material used $45,000 Direct labour $30,000 Fixed factory overhead $42,000 Fixed Selling & administrative expenses $8,000 Variable factory overhead $28,000 Variable Selling & administrative expenses $12,000 Selling price per unit $20 Units produced 10,000 The unit cost of a unit under the absorption costing approach is? O a. $5.00 Ob. $10.30 O c. $16.50 Od. $14.50