The Wisconsin Company manufactures and sells a single product. The following costs were incurred during the companys first year of operation: Variable cost per unit: Manufacturing: Direct materials $22 Direct Labor $ 5 Variable manufacturing overhead $ 4 Variable selling and administrative $ 6 Fixed costs per year: Fixed manufacturing overhead $ 200,000 Fixed selling and administrative expenses $100,000 During the year, the company produced 25,000 units and sold 20,000 units. The selling price of the companys product is $50 per unit. Compute the companys unit product cost under the variable costing method.