2)Torres Inc. recently began production of a new product, the halogen light, which required the investment of $600,000 in assets. The costs of producing and selling 10,00 halogen lights are estimated as follows: Variable costs per unit: Fixed costs: Direct materials $32 Factory overhead $180,000 Direct labor 12 S & A expenses 60,000 Factory overhead 8 S & A Expenses 7 Total variable he costs/unit $59 Torres is considering a selling price for the halogen light. Management has decided to use the cost-plus approach to product pricing and has indicated that the product must earn 10 % return on invested assets.