Amanufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
units in beginning inventory 0
units produced 8,900
units sold 8,500
units in ending inventory 400
variable costs per unit:
direct materials $ 26
direct labor $ 25
variable manufacturing overhead $ 4
variable selling and administrative expense $ 4
fixed costs:
fixed manufacturing overhead $ 249,200
fixed selling and administrative expense $ 17,000
what is the variable costing unit product cost for the month?
$59 per unit
$55 per unit
$87 per unit