Tipton, Inc. reports the following information (assume no beginning inventory):

Units produced	3,000	units
Units sold	2,800	units
Sales price	$260	per unit
Direct materials	$75	per unit
Direct labor	$22	per unit
Variable manufacturing overhead	$10	per unit
Fixed manufacturing overhead	$9,000	per year
Variable selling and administrative costs	$1	per unit
Fixed selling and administrative costs	$10,500	per year

What is the unit product cost using absorption costing?

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What is the unit product cost using absorption costing?

Question content area bottom

Part 1

A.

$108

B.

$107

C.

$111

D.

$110