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Brief Exercise 8.5 Your answer has been saved and sent for grading. Large Orange Company produces basketballs. It incurred the following costs during the year: Direct materials $14,200 Direct labour 25,200 Fixed manufacturing overhead 11,000 Variable manufacturing overhead 31,800 Selling costs 21,400 What is the total product cost for the company under absorption costing? Total product cost 82,200 $ Brief Exercise 9.2 Your answer has been saved and sent for grading. Gruner Corporation produces snowboards. The following cost information per unit is available: direct materials $12; direct labour $8; variable manufacturing overhead $6; fixed manufacturing overhead $13; variable selling and administrative expenses $4; and fixed selling and administrative expenses $12. Using a 25% markup percentage on the total cost per unit, calculate the target selling price. (Round answer to 2 decimal places, e.g. 15.25.) Target selling price 68.75 $