Cherry Blossom has collected the following data for March for Product X (there was no beginning inventory): Units produced and sold 50 Sales Price $45 Direct materials $6.40 per unit Direct labor $6.80 per unit Variable manufacturing overhead $2.60 per unit Fixed manufacturing overhead $750 per month Variable selling and administrative costs $1.50 per unit Fixed selling and administrative costs $440 per month 1. Using absorption costing, calculate the unit product cost. 2. Using variable costing, calculate the unit product cost. 3. What is the contribution margin for Product X