The Atlantic Company manufactures one product. The following data relate to the year just completed: Variable cost per unit: Production $45 Selling and administrative $15 Fixed costs in total Production $173,200 Selling and administrative $84,609 During the last year, 4,527 units were sold and 5,000 units were produced. Beginning inventories were zero.

Atlantic's unit product cost under variable costing is: a. $113.33 b. $45.00 c. $79.64 d. $60.00 e. $96.56