16. Reed Productions has provided the following information for the year Direct Labor Beginning Work-...

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16. Reed Productions has provided the following information for the year Direct Labor Beginning Work- in-Process Inventory Direct Materials Used Ending Work-in- Process Inventory Manufacturing Overhead $153,000 62,000 269,000 52,350 130,500 During the year, Reed produced 70,900 units of product. Calculate the unit product cost. (Round your answer to the nearest cent.) OA $7.93 OB. $8.67 O C. $6.83 O D. $7.79

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