A manufacturer reports the following costs to produce 19,000 units in its first year of operations: Direct materials, $19 per unit, Direct labor, $15 per unit, Variable overhead, $190,000, and Fixed overhead, $285,000. The total product cost per unit under absorption costing is:

Multiple Choice

$34 per unit.

$44 per unit.

$49 per unit.

$59 per unit.

$29 per unit.