The following information is available on Bruder Incorporated's Product A Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 35,000 $.90 $ 60 $ 650,000 11% The company uses the absorption costing approach to cost plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are Note: Round your intermediate calculations to 2 decimal places. The company uses the absorption costing approach to cost plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are Note: Round your intermediate calculations to 2 decimal places. Multiple Choice $415,000 $1.050,000 $978,500 $1450000 The following information is available on Bruder Incorporated's Product A Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 35,000 $.90 $ 60 $ 650,000 11% The company uses the absorption costing approach to cost plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are Note: Round your intermediate calculations to 2 decimal places. The company uses the absorption costing approach to cost plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are Note: Round your intermediate calculations to 2 decimal places. Multiple Choice $415,000 $1.050,000 $978,500 $1450000