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Need help answering Question 22 5 pts Advanced Company reports the following costing data on its product line for its first year of operations. During

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Question 22 5 pts Advanced Company reports the following costing data on its product line for its first year of operations. During this first year, the company produced 25,000 toasters and sold 15,000 units at a price of $50. Production costs Direct materials per unit $9 Direct labor per unit $11 Variable overhead per unit $3 Fixed overhead for the year $137,500 Selling and administrative costs Variable selling and administrative cost per unit $5 Fixed selling and administrative cost per year $125,000 Determine its unit product cost under variable costing. Specify to 2 decimal pts. (dollars and cents). Question 21 5 pts Advanced Company reports the following costing data on its product line for its first year of operations. During this first year, the company produced 25,000 toasters and sold 15,000 units at a price of $50. Production costs Direct materials per unit $9 Direct labor per unit $11 Variable overhead per unit $3 Fixed overhead for the year $137,500 Selling and administrative costs Variable selling and administrative cost per unit $5 Fixed selling and administrative cost per year $125,000 Determine its unit product cost under absorption costing. Specify to 2 decimal pts. (dollars and cents)

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