Baxtell Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expense 45 13 4 6 Unit product cost 375,000 238,500 During the year, the company produced 31,250 units and sold 26,500 units. The selling price of the company's product is $94 per unit. Required: 1. Assume that the company uses absorption costing. a. Compute the unit product cost