Meyer, Inc makes one product and has provided the following information about its finished goods: Each unit requires 3 pounds of raw materials which cost $5.00 per pound. Each unit requires 4 direct labor hours at a rate of $12.00 per hour. Manufacturing overhead is $11.00 per direct labor-hour. Selling and administrative costs are all variable and equal $10 per unit. Meyer's unit product cost is closest to: a. $ 74.00 per unit b. $107.00 per unit C. $ 28.00 per unit d. $117.00 per unit