A manufacturer reports the following costs to produce 23,000 units in its first year of operations: direct materials, $23 per unit, direct labor, $19 per unit, variable overhead, $276,000, and fixed overhead, $322,000. The total product cost per unit under variable costing is: Multiple Choice

$68 per unit.

$35 per unit.

$42 per unit.

$56 per unit.

$54 per unit.