Moor TC Co is manufacturing and selling product M with the following information: Unit sales price = S$70 Direct costs per unit: %3D Material = $32 Labour = $12 Overheads = $6 Selling and admin= $4...

Extracted text: Moor TC Co is manufacturing and selling product M with the following information: Unit sales price = S$70 Direct costs per unit: %3D Material = $32 Labour = $12 Overheads = $6 Selling and admin= $4 Fixed production overhead is at $1,920,000. Other non-production fixed overhead is $2,080,000. Average manufacturing and selling units is 300,000/year (at 75% production capacity). A customer is placing an order for 100,000 unit of M. This order comes with an additional requirement that items are needed to be packed in batch with cach 20,000 units and the packing cost is estimated at $2,000 per batch. Determine the minimum selling price for this order given that the management expects a profit of $1,600,000 for the year. %3! I.