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of Product Costing MyPhone, Inc., uses the product cost method of applying the cost plus approach to product pricing. The cost of producing and sellino

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of Product Costing MyPhone, Inc., uses the product cost method of applying the cost plus approach to product pricing. The cost of producing and sellino 4,620 units of hones anasto Variable costs Fixed costs Direct materials $69 per unit Factory overhead $200,400 Direct labor 36 Selling and admin, exp 70,600 Factory overhead 22 Selling and admin. exp. 23 Total variable cost per unit $150 per unit MyPhone desires a profit equal to a 16% rate of return on invested assets of $601,600 a. Determine the amount of desired profit from the production and sale of 4,620 units of cell phones 96,256 b. Determine the product cost per unit for the production of 4,620 of cell phones. It required, round your wer to rest dolore 170 per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones, d. Determine the selling price of cell phones, found to the nearest dollar Total Cost per unit per unit Markup Selling price per unit

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