$ 70 40 25 15 Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 20,000 units follow. The company targets a profit of $300,000 on this product. Variable coste per Unit Direct materials Direct labor Overhead Selling, general and administrative Pixed costs (total) Overhead $ 670,000 selling, general and administrative 590,000 1. Compute the total variable cost and the markup percentage. 2. Compute the dollar markup per unit on variable cost. 3. Compute the selling price per unit. % 1. Total variable costs 1. Markup percentage 2. Markup per unit 3. Selling price per unit