A company produces an electronic device, and the following is the data on the cost of one unit: Variable cost Variable selling and administrative expenses Annual fixed industrial cost Fixed selling and administrative expenses The number of units produced and sold Target profit $$$ 10 4 20000 40% of the fixed industrial cost 5000 12000 a. What is the total cost of the electronic device (per unit)? (2 Marks) b. What is the suggested selling price (per unit) for electronic device that should be set by the management? (2 Marks)