Sparky's makes and sells (for $31 each) custom fishing lures to sporting goods stores. In its first year of operations, the company incurred the following costs: DM = $12 per unit made VFOH = $1 per unit made DL = $4 per unit made V S&A - $7 per unit SOLD Fixed FOH is $150,000 per year and F S&A is $50,000 per year. Sparky produced 50,000 lures and sold 20,000 units. In Year 2, Sparky produced 10,000 lures and sold 40,000. Assume Sparky uses the absorption costing. What is Sparky's product cost in Year 2