Department Budget $ Yearly Budget Manufacturing Operations Direct Labor $4,080,000 Direct Material $1,590,000 Indirect Material $150,000 Indirect Labor $375,000 Plant Rent $192,350 Plant Depreciation $220,000 Accounts Payable $75,000 Department Consumables $68,400 Manufacturing VP $70,000 Sales Forecast (units) Product 1 Total 12,000 Planned Operational Data Product 1 Sales Price per unit $250 Direct Material $ per unit 80 Direct labor hrs per unit 9 Direct Labor rate per hour $20.00 Product 2 10,500 Product 2 $175 60 11 $20.00 What is Product 1 product cost