Portage Lunch Companyr produces box lunches, which it sells for 520 each. During the current month, the company produced 2,800 mealsi but only sold 2,700 meals. The variable cost per meal was $12 and the sales commissions per meal were 51. Total fixed manufacturing costs were $1,400 and total fixed marketing and administrative costs were 51,200. What is the product cost per meal under absorption costing? (:3. $20.50 (:3. $12.52 (:3. $12.50 (:3. $12.00