Tipton, Inc. reports the following information (assume no beginning inventory): Units produced 2 comma 600 units Units sold 2 comma 400 units Sales price $ 300 per unit Direct materials $ 78 per unit Direct labor $ 20 per unit Variable manufacturing overhead $ 15 per unit Fixed manufacturing overhead $ 15 comma 600 per year Variable selling and administrative costs $ 5 per unit Fixed selling and administrative costs $ 10 comma 600 per year What is the unit product cost using absorption costing