A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: What is the unit product cost for the month under variable costing?

Units in beginning inventory 0

Units produced 7,100

Units sold............................................................ 7,000

Units in ending inventory 100

Variable costs per unit:

Direct materials $ 33

Direct labor $53

Variable manufacturing overhead $ 1

Variable selling and administrative $ 7

Fixed costs:

Fixed manufacturing overhead $170,400

Fixed selling and administrative $ 7,000