Assume the following information: $70,000 $39,000 $14,000 25,000 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense $39,000 $15,000 20,000 $35,000 $ 8,000 12,000 $20,000 What is the total product cost? What is the total product cost? Multiple Choice $148,000 $123,000 O $183,000 O $109,000