(Please complete all parts of the question)

Product Cost Concept of Product Pricing Mademoiselle Company produces women's handbags. The cost of producing 1,190 handbags is as follows: Direct materials $14,200 Direct labor 7,100 Factory overhead 5,500 Total manufacturing cost $26,800 The selling and administrative expenses are $26,600. The management desires a profit equal to 16% of invested assets of $504,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,190 handbags. S b. Determine the product cost per unit for the production of 1,190 handbags. per unit S 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 Markup per unit Selling price $ per unit