Under absorption costing, a company had the following unit costs when 10,000 units were produced: Direct labor Direct material Variable overhead Total variable Fixed overhead ($50,000/10,000 units) Total production cost $ 2 per unit $ 3 per unit $ 4 per unit $ 9 per unit $ 5 per unit $14 per unit The total product cost per unit under absorption costing if 25,000 units had been produced would be $11. True or False True False