Ross Corporation produces a single product. The company has direct materials costs of S8 per unit, direct labor costs of $6 per unit, and manufacturing overhead of $10 per unit. Sixty percent of the manufacturing overhead is for fixed costs. In addition, variable selling and administrative expenses are $2 per unit, and fixed selling and administrative expenses are $3 per unit at the current activity level. Assume that direct labor is a variable cost. Under absorption costing, the unit product cost is: Multiple Choice $26 per unit $20 per unit $24 per unit s29 per $29 per unit