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Concord 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 $32 Direct labor $44 $8 $1,641,600 Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $6 $ 1.094,400 These costs are based on a budgeted volume of 91.200 units produced and sold each year. Concord uses cost-plus pricine 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 90 Fixed cost per unit 30 Total cost per unit 120 e Textbook and Media Attempts: 1 of 3 used (b) Compute the desired ROI per unit for M14-M16 Desired ROI per unit e Textbook and Media Save for Later Attempts: 0 of 3 used Submit