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Product Cost Concept of Product Pricing La Mujer Accessories Inc. produces women's handbags. The cost of producing 1,260 handbags is as follows: The selling and administrative expenses are $28,300. The management wants a profit equal to 17% of invested assets of $500,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,260 handbags. b. Determine the product cost per unit for the production of 1,260 handbags. per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags. Cost per unit Markup per unit Selling price per unit