Hayes Inc. provided the following information for the year 2015: Beginning inventory 100 units Units produced 750 units Units sold 800 units Selling price $150/unit Direct materials $35/unit Direct labor $16/unit Variable manufacturing overhead $15/unit Fixed manufacturing overhead $24,000/yr Variable selling/administrative costs $8/unit Fixed selling/administrative costs $15,500/yr What is the unit product cost for the year using absorption costing? $98