Saved oggs Corporation has provided the following data for its two most recent years of operation Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor Variable manufacturing overhead 10 Fixed manufacturing overhead per year $520,000 selling and administrative expenses: variable selling and adninistrative expense per unit sold 6 Fixed selling and administrative expense per year $ 63, 000 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory 0 1,000 10,000 13,000 9,000 11,000 1,000 3,000 The unit product cost under absorption costing in Year 2 is closest to: Multiple Choice $40.00 $61.00 Prev 8of 12 Next