Murphy Incorporated, which produces a single product, has provided the following data for its most recent month of operation:

Number of units produced	16,900
Variable costs per unit:
Direct materials	$ 157
Direct labor	$ 79
Variable manufacturing overhead	$ 12
Variable selling and administrative expenses	$ 12
Fixed costs:
Fixed manufacturing overhead	$ 929,500
Fixed selling and administrative expenses	$ 371,800

The company had no beginning or ending inventories.

Required:

a. Compute the unit product cost under absorption costing.

b. Compute the unit product cost under variable costing.