Under absorption costing, a company had the following per unit costs when 20,000 units were produced. Direct materials $ 6.20 Direct labor 5.20 Variable overhead 7.20 Fixed overhead ($50,000/20,000 units) 2.50 Total product cost per unit $ 21.10 1. Compute total product cost per unit under absorption costing if instead 25,000 units are produced. Total fixed overhead remains at $50,000. 2. If units produced is greater than units sold, will cost of goods sold under absorption costing increase or decrease? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute total product cost per unit under absorption costing if instead 25,000 units are produced. Total fixed overhead remains at $50,000. (Round your answers to 2 decimal places.) Per unit Absorption costing Product cost per unit $ 0.00