Lily's Pastries produces cupcakes, which sell for $5.10 each. During the current month, Lily produced 3,200 cupcakes, but only sold 2,700 cupcakes. The variable cost per cupcake was $3.40 and the sales commission per cupcake was S0.50. Total fixed manufacturing costs were $1,700 and total fixed marketing and administrative costs were $900. What is the product cost per cupcake under absorption costing? O A. $3.40 B. $5.63 OC. $5.10 O D. $3.93