A manufacturer reports the following costs to produce 10,000 units in its first year of operations: direct materials, $10 per unit, direct labor, $6 per unit, variable overhead, $70,000, and Fixed overhead, $120,000. The total product cost per unit under variable costing is:

Multiple Choice

$16 per unit.

$23 per unit.

$35 per unit.

$28 per unit.

$17 per unit.