A manufacturer reports the following costs to produce 29,000 units in its first year of operations: direct materials, $29 per unit, direct labor, $25 per unit, variable overhead, $319,000, and fixed overhead, $406,000. The total product cost per unit under variable costing is: Multiple Choice $40 per unit. $54 per unit. $79 p per unit. $65 per unit. $68 per unit