cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentsessio... |A to G R YO eBook Show Me How Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,290 handbags is as follows: Direct materials $17,000 Direct labor 8,200 Factory overhead 5,500 Total manufacturing cost $30,700 The selling and administrative expenses are $27,500. The management desires a profit equal to 17% of invested assets of $504,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,290 handbags. b. Determine the product cost per unit for the production of 1,290 handbags. per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags. Round your answers to nearest whole value. Cost per unit Markup per unit Selling price per unit