akeAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false rococcustome ut MyPhone, Inc., uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,270 units of cell phones are as follows: Variable costs: Fixed costs: $87 per unit Factory overhead $200, 500 34 Selling and admin. exp. 69,500 Direct materials Direct labor Factory overhead Selling and admin. exp. Total variable cost per unit 27 22 $170 per unit MyPhone desires a profit equal to a 15% rate of return on invested assessor a. Determine the amount of desired profit from the production and sale of 5 270 units of cell phones. b. Determine the product cost per unit for the production of 5,270 of cell phones. If required, round your answer to nearest dollar per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones. d. Determine the selling price of cell phones. Round to the nearest dollar. Total Cost per unit Markup per unit Selling price per unit Check My Work 1 more Check My Works remaining Previous Next 922 PM OBI O 4 ENG akeAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false rococcustome ut MyPhone, Inc., uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,270 units of cell phones are as follows: Variable costs: Fixed costs: $87 per unit Factory overhead $200, 500 34 Selling and admin. exp. 69,500 Direct materials Direct labor Factory overhead Selling and admin. exp. Total variable cost per unit 27 22 $170 per unit MyPhone desires a profit equal to a 15% rate of return on invested assessor a. Determine the amount of desired profit from the production and sale of 5 270 units of cell phones. b. Determine the product cost per unit for the production of 5,270 of cell phones. If required, round your answer to nearest dollar per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones. d. Determine the selling price of cell phones. Round to the nearest dollar. Total Cost per unit Markup per unit Selling price per unit Check My Work 1 more Check My Works remaining Previous Next 922 PM OBI O 4 ENG