A business gives the information below. Number of units produced and sold: 48000. Direct materials ($3 per kg): $298000. Direct labour ($4 per labour hour): $240000. Fixed selling costs: $150000. Variable selling costs: $24000. Fixed production overheads are absorbed at $10 per labour hour. Calculate the total absorption cost per unit.
- A$14.83
- B$23.71
- C$26.83
- D$27.33