Q 8.48: Churchill Productions manufactures one product: synthetic polar bear rugs. During the month of December they produced 5,000 rugs and sold 4,500. If per unit product cost was $115 under absorption costing and total fixed manufacturing costs for the month were $100,000, what was the per unit product cost under variable costing? A $95.00 B $105.56 C $115.00 D $135.00