Assume Samsung is designing a new smartphone. Each unit of this new phone Is expected to require $285 of direct materlals, $10 of direct labor $30 of vartable overhead, $5 of vartable selling and administrative costs, and $20 of foxed selling and administrative costs Required 1. If Samsung uses the varlable cost method to set selling prices and plans a markup of 250% of variablecosts, what Is the expected selling price per unit of this new phone? 2 If instead Samsung uses the total cost method to set selling prices and plans a markup of 220% of total costs, what is the expected selling price per unit of this new phone? 1. Expected selling price 2. Expected selling price per unit per unit