Abby Company's information for producing and selling 150,000 units of Catnip are as follows: (Show all your work) sriabte costs: Direct materials Direct labor Factory overtesd Selling and zdministrat7ve expenses Total ixed costs: Factory overhead Seling and administrative expenses 514.00 7.00 6.00 30.00 590,000 40,000 Abby desires a profit equal to an 18% rate of return on invested assets of REQUIRED: (I)Using Variable Cost Concept of applying the cost-plus approach to product pricing: Determine the mcunt of desired profit from the production and sale ot Citnip. Determine the total variable costs for the production sale of 150,000 units t Catnip. Determine the mzrkup pexentzge for Catnip. Determine the unit selling price of Catnip. Zourd your markup .ercer,tage to one decimal place and other intermediate calculations and final answer to two decimzl places. (2)Using Total Cost Concept: (a) Determine the markup percentage for Catnip. (Round your markup percentage to one decima' place and other intermediate calculations and final answer to two decimal places.) (3)Using the Product Cost Concept, (a) Determine the markup percentage for Cztnip. (Round your markup percentage to one decima' place and other intermediate calculitions answer to two decima' places.)