Murphy Inc., which produces a single product, has provided the following data for its most recent month of operation: 
The company had no beginning or ending inventories.
Required:
a.Compute the unit product cost under absorption costing.Show your work!
b.Compute the unit product cost under variable costing.Show your work!
Definitions:
Graphical Maximization
A technique used in operations research and economics to find the highest value of an objective function given certain constraints, represented graphically.
Feasible Region
In optimization problems, the set of all possible points that satisfy the problem's constraints and are therefore considered for the solution.
Linear Programming
Linear Programming is a mathematical method used for achieving the best outcome in a model with linear relationships, commonly applied in optimization and resource allocation.
Simplex Method
An algorithm for solving linear programming problems of all sizes.
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