Johnston Corporation Manufactures a Single Product That It Sells for $30

Multiple Choice

Johnston Corporation manufactures a single product that it sells for $30 per unit. The company has the following cost structure: Last year there was no beginning inventory. During the year, 20,000 units were produced and 17,000 units were sold. Under absorption costing, the unit product cost would be:

A) $20 per unit
B) $12 per unit
C) $13 per unit
D) $8 per unit