1. Beginning inventory in units 0

   Units produced 1,200

   Units sold 1,000

   Sales $100,000

   Direct material cost $ 12,000

   Variable conversion* production cost $ 24,000

   Fixed manufacturing overhead cost $ 18,000

   Selling & administrative costs $ 20,000

   *Includes DL and variable MOH costs

   The product cost per unit using variable costing is:

   	a.	$54.00
   	b.	$45.00
   	c.	$30.00
   	d.	$10.00