Assume the following information: A company manufacture and sells the following product. The selling price is $50 per unit. The various cost are as follows Per unit $ 10 Direct materials Direct labour-variable Production overhead-variable Production Overheads-fixed Administration overhead-variable Total costs 5 8 6 33 Required: 1) The sales manager seeks your assistance to set the normal selling price using the company policy of a mark-up of 50%. Identify the cost per unit to establish the selling price and compute the selling price 2) A new customer wants to buy an additional 100,000 units but is willing to pay only $30 per unit. Assuming that the company is operating below the maximum capacity. (Maximum capacity = 500,000, current production = 400,000 units), Identify the relevant cost per unit in making the decision to sell to this new customer and recommend whether the company should sell to the new customer