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The following information was pulled from last years records for Bailey Company. Cost per unit: $50 DM, $30 DL, $10 Variable OH Fixed OH: $300,000

The following information was pulled from last years records for Bailey Company.

Cost per unit: $50 DM, $30 DL, $10 Variable OH

Fixed OH: $300,000

Number of units: 15,000 produced and 12,000 sold

Sales price per unit $200

Fixed selling and administrative costs $900,000

Variable selling and administrative costs $5 per unit

What is the product cost per unit under absorption costing?

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