The cost of producing 1000 handbags is follows: Direct materials: $ 18,500 Direct labor: $10,500 Factory overhead: $6,500 Selling and administrative: $18,000 Management desires a profit of 20% of invested capital of $260,000 1. What is the desired profit? Select one: A. $50,000 B. $52,000 C. $45,000 D. $55,000