Sidell 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:
Compute the unit product cost under absorption costing. Show your work!
Definitions:
Taxes
Compulsory financial charges or levies imposed by a government on individuals, businesses, or other entities to fund government spending and services.
Lease
A contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset for a specified period of time.
Financial Lease
A lease agreement where the lessee assumes some of the risks and benefits of ownership.
Sale and Leaseback
A financial transaction where an entity sells an asset and then leases it back from the buyer, typically to free up capital while retaining asset use.
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