Selling price per unit Direct materials $130.00 $40.00 $20.00 $2.00 $5.00 $30,000 $8,000 1,500 1,500 unit per unit Direct labor Variable manufacturing overhead per Variable selling and administrative expenses per Fixed manufacturing overhead (in total) Fixed selling and administrative expenses (in total) Units produced during the year Units sold during year per unit unit What is product cost per unit using absorption costing? A. $62.00 B. $82.00 C. $60.00 D. $85.00 What is product cost per unit using variable costing? A. $62.00 B. $82.00 C. $60.00 D. $67.00 What is gross margin (gross profit) using absorption costing? A. $102,000 B. $105,000 C. $64,500 D. $72,000 What is contribution margin using variable costing? A. $94,500 B. $102,000 C. $90,000 D.$72,000