Jimerson Corporation produces a single product and has the following cost structure: 
Required:
Compute the unit product cost under absorption costing. Show your work!
Definitions:
Peripheral Slowing Hypothesis
The theory that suggests that overall processing speed declines in the peripheral nervous system with increasing age.
Peripheral Nervous System
The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, responsible for connecting the central nervous system to limbs and organs.
Lateralization
The process in which certain cognitive functions are located more in one hemisphere of the brain than in the other.
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