Under absorption costing, a company had the following per unit costs when 10,000 units were produced. Direct labor Direct materials Variable overhead Total variable cost Fixed overhead ($60,000/10,000 units) Total product cost per unit $ 2.80 3.80 4.80 11.40 6.00 $17.40 58.08 BOOK Hint Required: 1. Compute the company's total product cost per unit under absorption costing if 12,500 units had been produced. 2. Fill in the blank with increase or decrease. Print Terences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the company's total product cost per unit under absorption costing if 12,500 units had been produced. (Round your answer to 2 decimal places.) Total production cost per un Required Required 2 >