Ing Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price$159 Units in beginning inventory 0Units produced 7,800Units sold 7,700Units in ending inventory 100 Variable costs per unit: Direct materials$47Direct labor$50Variable manufacturing overhead$2Variable selling and administrative expense$9Fixed costs: Fixed manufacturing overhead$304,200Fixed selling and administrative expense$84,700 What is the unit product cost for the month under variable costing?
A. $99 per unit
B. $147 per unit
C. $138 per unit
D. $108 per unit
Answer: A
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