MyPhone, Inc., uses the product cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 5, 410 units of cellular phones are as follows: MyPhone desires a profit equal to a 16% rate of return on invested assets of $600, 100. a. Determine the amount of desired profit from the production and sale of 5, 410 units of cellular phones. $ 96, 016 b. Determine the cost amount per unit for the production of 5, 410 units of cellular phones. If required, round your answer to nearest dollar. $ per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cellular phones. % d. Determine the selling price of cellular phones. Round to the nearest dollar. Cost $ per unit Markup $ per unit Selling price $ per unit