MyPhone, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,850 cell phones are as follows: Variable costs per unit: Fixed costs: Direct materials $90 Factory overhead $198,700 Direct labor 30 Selling and administrative expenses 68,700 Factory overhead 24 Selling and administrative expenses 21 Total variable cost per unit $165 MyPhone desires a profit equal to a 14% rate of return on invested assets of $598,400. a. Determine the amount of desired profit from the production and sale of 4,850 cell phones. b. Determine the product cost per unit for the production of 4,850 of cell phones. Round your answer to the nearest whole dollar. per unit $ c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. % d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar. Total Cost Markup Selling price per unit per unit per unit