Cheyenne Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Unit Total Direct materials Direct labor $42 $54 Variable manufacturing overhead $12 Fixed manufacturing overhead $1,267,200 Variable selling and administrative expenses $7 Fixed selling and administrative expenses $844,800 These costs are based on a budgeted volume of 70,400 units produced and sold each year. Cheyenne uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14-M16. Variable cost per unit $ Fixed cost per unit Total cost per unit $ Compute the desired ROI per unit for M14-M16. Desired ROI $ eTextbook and Media Compute the target selling price for M14-M16. Target selling price per unit per unit Compute unit variable cost, unit fixed cost, and unit total cost assuming that 52,800 M14-M16s are produced and sold during the year. Variable cost per unit Fixed cost per unit Total cost per unit A