Cheyenne Computer Parts Inc. is in the process of setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 44,000 units. Per Unit Total Direct materials Direct labor $44 $25 Variable manufacturing overhead $20 Fixed manufacturing overhead $528,000 Variable selling and administrative expenses $19 Fixed selling and administrative expenses $352,000 Cheyenne Computer Parts management requests that the total unit cost be used in cost-plus pricing its products. On this particular product, management also directs that the target price be set to provide a 25% return on investment (ROI) on invested assets of $880,000.