Me How Product Cost Method of Product Pricing Print Item C La Femme Accessories Inc. produces women's handbags. The cost of producing 1,260 handbags is as follows: Direct materials $15,400 Direct labor 8,000 Factory overhead 5,800 Total manufacturing cost $29,200 The selling and administrative expenses are $26,400. The management desires a profit equal to 16% of invested assets of $501,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,260 handbags. b. Determine the product cost per unit for the production of 1,260 handbags per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags. Round your answers to nearest whole value Cost per unit per unit Markup Selling price per unit Check My Work 2 more Check My Work uses remaining