Lynch company manufactures and sells a single product. The following costs were incurred during the company's first year of operations:

Variable cost per unit:

Manufacturing:

Prime cost $20

Variable manufacturing overhead $3

Variable selling and administrative $4

Fixed cost per year:

Fixed manufacturing overhead $300,000

Fixed selling and administrative $190,000

During the year, the company produced 25,000 units and sold 20,000 units. The selling price of the company's product is $50 per unit.

Compute the unit product cost uses absorption costing . Compute the unit product cost uses variable costing