Martinez 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 $ 37 Direct labor $ 49 Variable manufacturing overhead $ 13 Fixed manufacturing overhead $ 1,382,400 Variable selling and administrative expenses $ 6 Fixed selling and administrative expenses $ 921,600 These costs are based on a budgeted volume of 76,800 units produced and sold each year. Martinez uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. (a) Compute the total unit variable cost, total unit fixed cost, and total unit cost for M14-M16. Variable cost per unit $ Fixed cost per unit Total cost per unit $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit