The Data below is the summary of the transactions of Ethan Enterprises for the year

Beginning inventory 100 units

Units produced 750 units

Unit sold. 800 units

Selling price. $150 per unit

Direct Materials $35 per unit

Direct Labour $16 per unit

Variable Manufacturing Overhead $15 per unit

Fixed Manufacturing Overhead $24,000 per year

Variable, Selling & Administrative Cost $8 per unit

Fixed Selling & Administrative Cost $15,500 per year

Required :

Calculate the unit product cost for the year using absorption costing