Pierce Company had the following costs:

Calculate the unit product cost using absorption costing and variable costing.

Units produced 500 units Manufacturing costs: Direct materials Direct labor 25 per unit 45 per unit 15 per unit 5,000 per year Variable manufacturing overhead Fixed manufacturing overhead Selling and administrative costs: Variable selling and administrative costs 30 per unit 3,200 per year Fixed selling and administrative costs 1. Pierce Company had the following costs: Click on the icon to view the data.) Calculate the unit product cost using absorption costing and variable costing. (If a box is not used in the table leave the box empty, do not or enter a zero.) Absorption Costing Variable Costing Total unit product cost Choose from any list or enter any number in the input fields and then continue to the next