Costing information for Emily Elephant Limited is as follows:

Direct material cost per unit	33
Direct labour cost per unit	12
Variable manufacturing overhead cost per unit	4
Variable selling and administrative overhead cost per unit	2
Fixed manufacturing overhead for the year	15,000

Budgeted production for the year was 5,000 units. What is the budgeted unit product cost according to an absorption costing system?

	a.	52
	b.	54
	c.	51
	d.	49