The following information is available on Niffle Inc.s Product N:

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: (Round your intermediate calculations to 2 decimal places.)

Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 26,000 $106 80 $560,000 14%