Olds Inc., which produces a single product, has provided the following data for its most recent month of operations: 8.800 Number of units produced Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead $57 $41 $6 $10 $299,200 $651,200 Fixed selling and administrative expense There were no beginning or ending Inventories. The absorption costing unit product cost was: Multiple Choice $138 per unit $104 per unit $98 per unit $222 per unit