Sea Company reports the following information regarding its production cost:
| Units produced |
62,000 units |
| Direct labor |
$55 per unit |
| Direct materials |
$48 per unit |
| Variable overhead |
$37 per unit |
| Fixed overhead |
$155,000 in total |
Compute production cost per unit under absorption costing.
$48.00
$142.50
$140.00
$103.00
$55.00