Crane Company sells its product for $29 per unit. During 2022, it produced 27500 units and sold 20000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $440000 manufacturing overhead, and $55000 selling and administrative expenses. The per-unit manufacturing cost under absorption costing is $37.00. O $33.00. $15.00. O $31.00.

Crane Company sells its product for $29 per unit. During 2022 , it produced 27500 units and sold 20000 units (there was no beginning inventory). Costs per unit are: direct materials $6, direct labour $5, and variable overhead $4. Fixed costs are: $440000 manufacturing overhead, and $55000 selling and administrative expenses. The per-unit manufacturing cost under absorption costing is $37.00. $33.00. $15.00. $31.00