Sequoyah, Inc What Is the Unit Product Cost Using Variable Costing?
A)

Sequoyah, Inc. reports the following information: $$\begin{array} { | l | r | l | } \hline \text { Units produced } & 540 & \text { units } \\\hline \text { Units sold } & 540 & \text { units } \\\hline \text { Sales price } & \$ 160 & \text { per unit } \\\hline \text { Direct materials } & \$ 30 & \text { per unit } \\\hline \text { Direct labor } & \$ 15 & \text { per unit } \\\hline \text { Variable manufacturing overhead } & \$ 10 & \text { per unit } \\\hline \text { Fixed manufacturing overhead } & \$ 20,000 & \text { per year } \\\hline \text { Variable selling and administrative costs } & \$ 5 & \text { per unit } \\\hline \text { Fixed selling and administrative costs } & \$ 10,000 & \text { per year } \\\hline\end{array}$$ What is the unit product cost using variable costing?

A) $60
B) $82
C) $55
D) $105