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Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 60,400 units of its sole

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Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 60,400 units of its sole product. Magpie desires a profit equal to a 23% return on invested assets of $627,000. The cost per unit for the production and sale of Magpie's product is a. $12.76 b. $12.05 c. $1.84 d. $0.71

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