QUESTION 10 Use the following information to answer the next 8 questions: Lily has the following information concerning production this period. 0 4000 3000 1000 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: I Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 10 5 3 2 80000 20000 Using absorption costing, please calculate the product cost per unit. QUESTION 10 Use the following information to answer the next 8 questions: Lily has the following information concerning production this period. 0 4000 3000 1000 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: I Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 10 5 3 2 80000 20000 Using absorption costing, please calculate the product cost per unit