Erie Company Manufactures a Single Product

Multiple Choice

Erie Company manufactures a single product. Assume the following data for the year just completed: There were no units in inventory at the beginning of the year. During the year 30,000 units were produced and 25,000 units were sold. Each unit sells for $35.
-Under absorption costing, the unit product cost would be:

A) $8.00
B) $17.75
C) $13.00
D) $10.75