The EG Company produces and sells single product. The following data refer to the year just completed: Beginning inventory Units produced Units sold 0 32,200 26,600 $422 Selling price per unit Selling and administrative expenses Variable per unit $19 452,200 Fixed (total) Manufacturing costs Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost $259 $56 $34 per unit Fixed manufacturing overhead (total) 450,800 $ Assume that direct labor is a variable cost. Required a. Compute the cost of a single unit of product under both the absorption costing and variable costing approaches. (Omit the "$" sign in your response.)