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:
Requirements
Specific criteria or conditions that must be met in order to fulfill an agreement or complete a project.
Bearer Instrument
A bearer instrument is a type of document that allows the holder to claim the rights or assets it represents without endorsing or proving ownership.
Order Instrument
A financial document that is payable to a specified person or entity, such as a check, which requires endorsement for cashing or deposit.
Endorsed
Officially approved or supported, or signed on the back to transfer ownership or to show agreement.
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