Jarvis Company uses the total cost concept of applying the cont plus approach to product pricing. The costs and expenses of producing and selling 3.000 of Products follow Variable costs Direct materials $100 Direct labor 1.25 Factory overhead 0.75 Selling and wantive expenses 100 Total 58.00 550.000 Pixed cost Factory overhed Selling and administrative expenses 30.000 Jarvis desires a profit equal to a 14 rate of return on invested assets of $150.000 (a) Determine the most of desired profit from the production and sale of Product b) Determine the total costs and the cost amount per unit for the production and sale of 35.000 units of Product Determine the markup percentage for Product (d) Determine the selling price of Product 3 (12)