Ronan Corporation produces a single product and has the following cost structure: 
Required:
Compute the unit product cost under variable costing. Show your work!
Definitions:
Import Purchase
The act of buying goods and services from a foreign country to be brought into the buyer's home country.
Foreign Currency
Money or other form of payment issued by a government other than the home country of the business or individual.
Appreciates
Refers to an increase in the value of an asset over time, often influenced by market dynamics or enhancements to the asset.
Cash Flow Hedge
A hedge of the exposure to variability in cash flows of a recognized asset or liability, or a forecasted transaction, that could affect profit or loss.
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