The Gatson manufacturing company has estimated the following components for a new product. Fixed cost $50,000 Material cost per unit = $2.15 Labor cost per unit = $2.00 Revenue per unit = $7.50 Using the spreadsheet model, what will be the total cost if the company decides to make 70,000 units of the new product? 397,820 $430,500 $340,500 The Gatson manufacturing company has estimated the following components for a new product. Fixed cost $50,000 Material cost per unit = $2.15 Labor cost per unit = $2.00 Revenue per unit = $7.50 Using the spreadsheet model, what will be the revenue if the company decides to make 70,000 units of the new product? $570,000 $525,000 $735,000