Fresh Products, Inc. incurred the following costs during December related to the production of its 162,500 frozen ice cream cone specialty items: Food product labor $175,000 Ice cream cone ingredients 325,000 Sales and marketing costs 10,000 Factory overhead 16,000 Normal food spoilage 4,000 Abnormal spoilage 3,000 What is the per unit inventory cost allocated to the company’s frozen ice cream cone specialty items for December? a. $3.18 b. $3.20 c. $3.22 d. $3.26

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