TB Problem Qu. 7-256 Murphy Inc., which produces a single ... Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: 12,800 171 70 Number of units produced Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expenses 9 10 $ 768,000 $256,000 The company had no beginning or ending inventories. Required: a. Compute the unit product cost under absorption costing. b. Compute the unit product cost under variable costing. Unit Product Cost a. Absorption costing b. Variable costing