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The Smith Company had a beginning finished goods inventory of 6,000 units and an ending finished goods inventory of 6,500 units. Operating income computed by

The Smith Company had a beginning finished goods inventory of 6,000 units and an ending finished goods inventory of 6,500 units. Operating income computed by the absorption costing method was $10,000 and its operating income computed by the variable costing method was $7,000. The product's unit cost was $26 under absorption costing. What is the product cost under variable costing?

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