DALLAS Manufacturing makes metal holders for shopping carts. The following schedule shows budgeted monthly data for September 2020. Planned production Variable costs of manufacturing Variable selling and administrative costs Fixed manufacturing overhead Fixed selling and administrative costs 1,700 units $50 per holder $9 per holder $70,000 $50,000 During October 2020, Dallas posted the following results: Sales 1,500 units Beginning inventory 200 units Production 1,700 units Price per holder $175 All costs in September and October were as budgeted, with production in September also equalling 1,700 units. Required Calculate the full product cost of one holder. a. Absorption Cost