New Lab XCO 3. Dette Remover LO CELET TO SAVE YOUR WORK A 1 Dexter Company produces and sells a single product, a fan housing united in commercial and heating and cooling stems Selected cost and operating data relating to the product for two years are given below 2 $50 4 5 7 Selling price per unit Manufacturing costs: Variable per unit produced Direct materials Direct labour Variable overhead Faxed per year Selling and administrative costs: Variable per unit sold Fixed per year $11 $6 $3 $120,000 O $5 $70,000 2 Units in beginning inventory Units produced during the year Units sold during the year Unitsin ending inventory Year 1 0 10,000 8.000 2.000 Year 2 2.000 6,000 8,000 0 Required: 1. Assume that the company uses absorption costing: Compute the unit product cost for each year. (3 marks) Sheets New 3 OR VO 3 5 6 7 8 9 0 R. T Y