12 dave & Ex Submit Check my work Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 24,000 units follow. The company targets a profit of $304,000 on this product. 3 Variable Costs per Unit Fixed Costs (in total) Brits Direct materials $ 74 Overhead $674,000 Direct labor Overhead Selling 44 Selling 29 Administrative 309,000 289,000 19 ellook Print Boferences 1. Compute the variable cost per unit. 2. Compute the markup percentage on variable cost. (Round percentage answer to 2 decimal places.) 3. Compute the product's selling price using the variable cost method. (Round your intermediate percentage calculations and final answer to 2 decimal places.) 1 Variable cost per unit 2 % Markup percentage 3. Selling price Next Bok int ences Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 15,000 units follow. The company targets a profit of $441,000 on this product. Variable Costs per Unit Fixed Costs Direct materials $ 110 Overhead $480,000. Direct labor 35 Overhead 30 Selling Administrative 115,000 335,000 Selling 8 1. Compute the total cost per unit. 2. Compute the markup percentage on total cost. (Round your final percentage answer to 1 decimal place.) 3. Compute the product's selling price using the total cost method. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 1. Total cost per unit 2. Markup percentage 3. Selling price %