Gangwer Corporation produces a single product and has the following cost structure:

Number of units produced each year ----------- 6,000

Variable cost per unit:

Direct material ---------------------------------- $43

Direct labor --------------------------------------$13

Variable manufacturing overhead ------------------- $5

Variable selling and administrative expense ----- $1

Fixed costs per year:

Fixed manufacturing overhead ----------------------- $204,000

Fixed selling and administrative expense ----------$138,000

The absorption costing unit product cost is:

	a.	$95
	b.	$119
	c.	$61
	d.	$56