Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 61,400 units of its sole product. Magpie desires a profit equal to a 22% return on invested assets of $623,000. The cost per unit for the production and sale of Magpie's product is a. $0.77 b. $1.90 c. $11.86 d. $12.63