$ 25 = $ per unit Bubbly Soda spends $2 on direct materials, direct labor, and variable manufacturing overhead for every unit (12-pack of soda) it produces. Fixed manufacturing overhead costs $7 million per year. The plant, which is currently operating at only 75% of capacity, produced 25 million units this year. Management plans to operate closer to full capacity next year, producing 35 million units. Management doesn't anticipate any changes in the prices it pays for materials, labor, and manufacturing overhead. Read the requirements. 7 million million 0.28 Requirement 4. What is the forecasted total product cost next year (for the 35 million units), including fixed and variable costs? Determine the formula, then calculate the forecasted total product cost next year (for the 35 million units). Forecasted Forecasted total variable costs Total fixed costs = total product costs $ 7 million = $ 77 million + 70 million + S Requirement 5. What is the forecasted average product cost next year? Determine the formula, then calculate the forecasted average product cost per unit. (Enter yoq answer to the nearest cent.) Forecasted average - product cost per unit million million per unit 1 ? Choose from any list or enter any number in the input fields and then click Check