\begin{tabular}{|l|l|} \hline Required 1 \\ \hline \end{tabular} Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs. \begin{tabular}{|l|l|} \hline 1. Total cost per unit \\ \hline 2. Markup per unit \\ \hline 3. Selling price per unit & \\ \hline \end{tabular} The company is a price-taker and the expected selling price for this type of phone is $900 per unit. Compute the target cost per unit if the company's target profit is 60% of expected selling price. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. Techcom is designing a new smartphone. Each unit of this new phone will require $240 of direct materials; $20 of direct labor; $33 of variable overhead; $28 of variable selling, general, and administrative costs; $44 of fixed overhead costs; and $20 of fixed selling, general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs. 2. The company is a price-taker and the expected selling price for this type of phone is $900 per unit. Compute the target cost per unit if the company's target profit is 60% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs