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Required Information

Use the following information for the Quick Study below. $($Algo$)$

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

Vintage Company reports the following information.

Direct materials

Direct labor

Units produced per year

Variable overhead

Fixed overhead

$$9\mathrm{.}20$ per unit

$$19\mathrm{.}20$ per unit

$12,000$ units

$$9\mathrm{.}20$ per unit

$$86,400$ per year

QS $19-2($Algo$)$ Computing unit cost under variable costing LO P$1$

Compute product cost per unit under varlable costing. $($Round your answers to $2$ decimal places.