Comet Canisters,Inc What Is the Unit Product Cost Using Absorption Costing? (Round

Comet Canisters,Inc.has collected the following data for the current year: $$\begin{array} { | l | r | l | } \hline \text { Beginning Finished Goods Inventory } & 50 & \text { units } \\\hline \text { Units produced } & 500 & \text { units } \\\hline \text { Units sold } & 550 & \text { units } \\\hline \text { Sales price } & \$ 180 & \text { per unit } \\\hline \text { Direct materials } & \$ 16 & \text { per unit } \\\hline \text { Direct labor } & \$ 17 & \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 10 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 10,800 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 4 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 12,500 & \text { per year } \\\hline\end{array}$$ What is the unit product cost using absorption costing? (Round your answer to the nearest cent.)

A) $93.60
B) $43.00
C) $64.60
D) $48.60