Sunland Computer Parts Ltd. is setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 55,000 units: Per Unit Total Direct materials Direct labour $45 27 Variable manufacturing overhead 22 Fixed manufacturing overhead $825,000 Variable selling and administrative expenses 17 Fixed selling and administrative expenses 385,000 Sunland Computer Parts' management requests that the total cost per unit be used in the cost-plus pricing of products. On this particular product, management also directs that the target price be set to provide a 25% return on investment on invested assets of $1,100,000.