Delaware Corporation just began manufacturing a new product. In January, the company made the first 5 units of this new product. The total direct labor hours need to produce these 5 units was 5,000 or an average of 1,000 per unit. These 5 units will makeup the baseline for your learning curve computations. Start with the baseline of 5 units and the average of 1,000 hours per unit. Each of the 5 units produced in January required 15 lbs of direct materials which cost $40 per lb. Direct labor costs $20 per hour. Variable overhead is 125% of direct labor cost. The company produced 15 units of the new product in Feb and 20 units in March. Labor is expected to follow a 95% learning curve over the three months.

Compute the predicted total variable product costs for March (DM, DL, and Variable Overhead)

Show your learning curve computations. Do not round.