Mentor Corp. has provided the following information for the current year: Units produced 3,500 units Direct materials $70 per unit Direct labor $55 per unit Variable manufacturing overhead $20 per unit Fixed manufacturing overhead $350,000 per year Variable selling and administrative costs $30 per unit Fixed selling and administrative costs $150,000 per year Calculate the unit product cost using absorption costing. $145 $275 $55 $245 Valldie Manufacturing overhead $20 per unit Fixed manufacturing overhead $350,000 per year Variable selling and administrative costs $30 per unit Fixed selling and administrative costs $150,000 per year Calculate the unit product cost using absorption costing. $145 $275 $55 $245