Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations Variable costs per unit Manufacturing $ 13 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative $ 320,000 230,000 During the year, the company produced 32,000 units and sold 17,000 units. The selling price of the company's product is $53 per unit. Required 1. Assume that the company uses absorption costing a. Compute the unit product cost. nit product cost