Requirements 1. What is the current total product cost (for the 25 million units), including fixed and variable costs? 2. What is the current average product cost per unit? 3. What is the current fixed cost per unit? 4. What is the forecasted total product cost next year (for the 30 million units), including fixed and variable costs? 5. What is the forecasted average product cost next year? 6. What is the forecasted fixed cost per unit? 7. Why does the average product cost decrease as production increases? Bubbly - Cola spends $2 on direct materials, direct labor, and varable manufacturing ovechead for every unit (12-pack of soda) \& produces. Foued mandiacturing overhead costs $6 million per year. Management doesm anticipate any changes in the prices it pays for materials, labot, and manulacturing overteod. Read the Requirement 1. What is the cumbet totai product cost (for the 25 milion unts), including fired and vanable costs? Determine the formula, then cavidate the current lota product cost (for the 25 milion unito), hidoding fred and variabie costs. - Total product costs milion + vilion : million