Pierce Company had the following costs: kClick 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 Variable Costing Costing Total unit product cost Choose from any list or enter any number in the input fields and then continue to the next question. Units produced 500 units Manufacturing costs: Direct materials 25 per unit Direct labor 45 per unit Variable manufacturing overhead 15 per unit Fixed manufacturing overhead 5,000 per year Selling and administrative costs: Variable selling and administrative costs 30 per unit Fixed selling and administrative costs 3.200 per year