Ch. 12 Calculator Willis Products Inc. uses the product cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 2,000 units of medical tablets are as follows: Variable costs per unit: Fixed costs: Direct materials Factory overhead $64,000 Direct labor Selling and admin. exp. 22,000 Factory overhead Selling and admin. exp. 23 Total $180 Willis Products desires a profit equal to a 20% rate of return on invested assets of $159,800. a. Determine the total manufacturing costs for the production and sale of 2,000 units. Total Manufacturing Costs Variable $ 314,000 Fixed factory overhead 64,000 Total $ 378,000 Determine the cost amount per unit for the production and sale of 2,000 units. $ 189 per unit b. Determine the product cost markun percentane per unit. Round your percentage answer to one decimal place. 8.5 X X Incorrect c. Determine the selling price per unit. Use the rounded product cost markup percentage in your calculations, and round the amount of the markup to the nearest whole dollar. $ 202 X per unit