Davitt Corporation produces a single product and has the following cost structure: Required:
Compute the unit product cost under variable costing.Show your work!

Variable Costing

A method of cost accounting in which only variable production costs (materials, labor, and variable overhead) are included in the cost of a unit of product.

Unit Product Cost

The total cost to produce one unit of a product, including direct materials, direct labor, and overhead allocated on a per-unit basis.