Hadlock Company, which has only one product, has provided the following data concerning its most recent month of operations:
Selling price
$91
Units in beginning inventory
0
Units produced
6,800
Units sold
6,400
Units in ending inventory
400
Variable costs per unit:
Direct materials
$39
Direct labor
$18
Variable manufacturing overhead
$ 4
Variable selling and administrative
$ 8
Fixed manufacturing overhead
$68,000
Fixed selling and administrative
$57,600
What is the unit product cost for the month under variable costing?
$61
$71
$69
$79