Super Bike Manufacturing Company presents the following data for year 2020: Opening inventory: Sales: Production: Closing inventory: Direct materials (per unit): Direct labor (per unit): Variable...

Super Bike Manufacturing Company presents the following data for year 2020:

Opening inventory: Sales: Production: Closing inventory: Direct materials (per unit): Direct labor (per unit): Variable manufacturing overhead expenses (per unit): Variable selling and administrative expenses (per unit): Fixed manufacturing overhead expenses: Fixed selling and administrative expenses: 0 Units 14,000 Units 17,500 Units 3,500 Units P 21,000 P 24,500 P 8,750 P 3,500 P105,000,000 P 70,000,000

Required: Using the data given above, compute the unit product cost of one bike under variable costing.