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QUESTION 2 Orange Industries Limited is planning to introduce a new product and its management has gathered the following information: Number of units to be produced and sold each year 10,000 Annual selling and administrative expenses (fixed + variable) $5,000 The estimated investment required $100,000 Desired return on investment (ROI) 10% The cost estimate for the product is as follows: Direct material $3 per unit Direct labor $2 per unit Variable MOH $2 per unit Fixed MOH $100,000 per year Required: Compute the unit manufacturing cost (per unit) 10 points Save