MyPhone, Inc. uses the product cost method of applying the cost-plus approsch to product pricing. The costs of producing and selling 5,000 cell phones are as follows: Variable costs per unit: Myphone desires a profit equal to a 14% return on invested assets of $601,400. a. Determine the amount of desired profit from the production and sale of 5,000 cell phones. 1 b. Determine the product cost per unit for the production of 5,000 cell phones, Round your answer to the nearest whole dollar. 1 per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. %