Direct materials Product Cost Concept of Product Pricing Mujer Accessories Inc. produces women's handbags. The cost of producing 1,230 handbags is as follows: $15,300 Direct labor 7,600 Factory overhead 5,500 Total manufacturing cost $28,400 The selling and administrative expenses are $26,200. The management wants a profit equal to 16% of invested assets of 5498,000. If required, round your answers to nearest whole number a. Determine the amount of desired profit from the production and sale of 1,230 handbags 79,680 b. Determine the product cost per unit for the production 1,230 handbags 28,400 X per unit c. Determine the product cost markup percentage for handbags 28,400 X d. Determine the selling price of handbags Cost 23.09 X per unit Markup 86.13 X per unit Selling price 109 per unit Fee