Olds Inc., which produces a single product, has provided the following data for its most recent month of operations:

 

Number of units produced	4,600
Variable costs per unit:
Direct materials	$91
Direct labor	$85
Variable manufacturing overhead	$7
Variable selling and administrative expenses	$10
Fixed costs:
Fixed manufacturing overhead	$161,000
Fixed selling and administrative expenses	$326,600

 

There were no beginning or ending inventories. The absorption costing unit product cost was:

	n/a
→	$218
	$183
	$299

Direct materials	$  91
Direct labor	85
Variable manufacturing overhead	7
Fixed manufacturing overhead($161,000 ÷ 4,600 units)	35
Absorption costing unit product cost	$ 218