Assume you are starting a new business involving the manufactureand sale of a new product. Raw materials costs are $40 per product.Direct labor costs are expected to be $30 per product. You expectt Assume you are starting a new business involving the manufacture and sale of a new product. Raw materials costs are \( \$ 40 \) per product. Direct labor costs are expected to be \( \$ 30 \) per produ 2 answers