11. Conducting a product costing analysis for a manufacturing company, consider the following data:

Cost Component	Unit 1 ($)	Unit 2 ($)	Unit 3 ($)	Unit 4 ($)	Unit 5 ($)
Direct Materials	50	60	55	70	65
Direct Labor	30	35	40	38	42
Manufacturing Overhead	20	25	22	30	28

Your requirements are as follows:

• Calculate the total product cost for each unit.
• Determine the average unit cost across all units.
• Present the calculation process in a table format.
• Provide a paragraph discussing the implications of the variation in unit costs.
• Discuss potential strategies for cost reduction.
• Include a bullet list of recommendations for improving cost efficiency.