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Required information

Use the following information for the Exercise below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Barnes Company reports the following for its product for its first year of operations.

Direct materials

Direct labor

Variable overhead

Fixed overhead

Variable selling and administrative expenses

Fixed selling and administrative expenses

$$36$ per unit

$$26$ per unit

$$12$ per unit

$$70,000$ per year

$$3$ per unit

$$28,000$ per year

Exercise $19-4($Algo$)$ Computing cost per unit at different production levels LO P$1,$ P$2$

Compute total product cost per unit using absorption costing for the following production levels: $($a$)2,800$ units, $($b$)3,500$ units, and $(c)5,000$ units.

$\backslash$table$[[,$Units produced$],[$Product cost per unit using absorption costing,,,$],[$Direct labor,,,$],[$Direct materials,,,$],[$Fixed overhead,,,$],[$Variable overhead,,,$],[$Variable selling and administrative expenses,,,$],[$Total product cost per unit,,,$]]$