Circetrax, Inc What Is the Unit Product Cost for the Year Using

Multiple Choice

Circetrax, Inc. has provided the following financial information for the year: $$\begin{array} { | l | r | } \hline \text { Finished Goods Inventory: } & \\\hline \text { Beginning balance, in units } & 600 \\\hline \text { Units produced } & 2800 \\\hline \text { Units sold } & 2900 \\\hline \text { Ending balance, in units } & 500 \\\hline \text { Production costs: } & \\\hline \begin{array} { l } \text { Variable manufacturing costs per } \\\text { unit }\end{array} &\$ 60 \\ \hline \text { Total fixed manufacturing costs } &\$ 42,000 \\\hline\end{array}$$ What is the unit product cost for the year using absorption costing?

A) $75
B) $84
C) $130
D) $74