1. Total variable costs Markup percentage % 2. Markup per unit 3. Selling price per unitRios ICompanyl makes drones and uses the variable cost method in setting product price. Its costs for producing 35,000 units follow. The company targets a prot of $315,000 on this product. variable Costs per Unit Direct materials $ 35 Direct labor 55 Overhead 40 Selling, general and administrative 30 Fixed Costs (total) Overhead $ 635,000 Selling, general and administrative 620,000 1. Compute the total variable cost and the markup percentage. 1 Compute the dollar markup per unit on variable cost. 3. Compute the selling price per unit. {For all requirements, round your nal answers to the nearest whole number.)