A manufacturer reports the following costs to produce 27,000 units in its first year of operations: Direct materials, $27 per unit, Direct labor, $23 per unit, Variable overhead, $243,000, and Fixed overhead, $378,000. The total product cost per unit under absorption costing is:

Multiple Choice

$50 per unit.

$59 per unit.

$73 per unit.

$64 per unit.

$36 per unit.

The following information is available for a company's utility cost for operating its machines over the last four months.

Month	Machine hours		Utility cost
January	1,030		$	5,580
February	1,930		$	7,160
March	2,660		$	8,100
April	730		$	3,610

Using the high-low method, the estimated variable cost per unit for utilities is:

Multiple Choice

$3.05.

$4.95.

$2.33.

$3.85.

$6.57.