According to your SHOP SUBJECT this year, think of a product that you want to produce. Estimate the cost and compute for the selling price of your product. Complete the table below for your answer. DIRECT MATERIAL COST QUANTITY DESCRIPTION UNIT COST TOTAL COST P P TOTAL DIRECT MATERIAL COST P DIRECT LABOR COST DESCRIPTION ESTIMATED COST Number of workers Monthly Salary Yearly Wage Calculation of the total number hours spent by the workers in a year Hourly Labor Cost Hours to complete the product Total Direct Labor Cost of the Product P TOTAL DIRECT COST Total Material Cost P Total Labor Cost P TOTAL DIRECT COST P ​