Lily's Pastries produces cupcakes, which sell for $ 5.00each. During the current month, Lily produced 2,800cupcakes, but only sold 2,300cupcakes. The variable cost per cupcake was $ 3.10and the sales commission per cupcake was $ 0.40. Total fixed manufacturing costs were $ 1,700and total fixed marketing and administrative costs were $ 1,400. What is the product cost per cupcake under absorption costing?