Lynch Company manufactures and sells a single product. The following costs were incured during the company's first year of operations: Variable costs per unit Manufacturing Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative $6 $9 $3 $4 Fixed costs per year Fixed manufacturing overhead Fixed selling and administrative S 300,000 $ 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 Required: 1. Assume that the company uses absorption costing: a Compute the unit product cost Unit product cost