Question 22 4 pts Costs transferred to Finished Goods Inventory totaled, $225,000. Total units produced totaled 60,000. If one unit is sold, what is the cost that should be expensed? $ 27 $2.75 $3.75 none of these Previous Question 23 Product costs are expensed on the income statement when incurred. . treated as an asset and depreciated. considered current liabilities until paid. inventoried until the units are sold