Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 42,000 units and sold 34,000 units at a price of $120 per unit. Manufacturing costs Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year 48 18 420,000 Selling and administrative costs Variable selling and administrative cost per unit Fixed selling and administrative cost per year $115,000 2a. Assume the company uses variable costing. Determine its product cost per unit. Variable costing Per unit product cost using: Cost per unit