Cost$-$Plus PricingThe required rate of return is $20\%$ on the owner's investment of $$200,000.$What is the product cost for each mattress under absorption costing?

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Estimated Costs to Produce $150$ Mattresses

Direct Materials

Direct Labor

Variable Manufacturing Overhead

Fixed Manufacturing Overhead

Selling and Administrative Expenses

$$50/$unit

$$70/$unit

$$30/$unit

$$15,000$

$$5,000$