Techcom is designing a new smartphone. Each unit of this new phone will require $242 of direct materials; $22 of direct labor; $30 of variable overhead; $30 of variable selling, general, and administrative costs; $44 of fixed overhead costs; and $22 of fixed selling, general, and administrative costs. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs