Smolinski Corporation produces a single product and has the following cost structure: 
Required:
Compute the unit product cost under absorption costing. Show your work!
Definitions:
Differences
Variances or discrepancies between two or more entities, items, or concepts, highlighting divergence or inequality.
Internal Users
Individuals or groups within an organization who use its information or systems for operational purposes.
Management Reports
Compiled data and analysis prepared for business managers to aid in making informed decisions regarding the company's operations.
Decision Makers
Individuals or groups within an organization responsible for making choices that affect the company’s strategy, operations, and financial outcomes.
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