Print Item Variable Cost Method of Product Pricing Smart Stream Inc. produces and sells cell phones. T Variable costs: he costs of producino and selling 4,000 units of cell phones are as follws: Fixed costs Direct materials s 95 per unit Factory overhead $196,100 Direct labor Selling and admin. exp. 68,950 Factory overhead Selling and admin. exp $190 per unit Total variable cost per unit Smart Stream Inc. desires a profit equal to a 15% rate of return on invested assets of $665,000. Assume that Smart Stream Inc. uses the variable cost method of applying the cost-plus approach to product pricing. a. Determine the variable costs and the variable cost amount per unit for the production and sale of 4,000 units of cellular phones. Total variable cost Variable cost amount per unit b. Determine the variable cost markup percentage for cellular phones c. Determine the selling price of cellular phones. Round to the nearest cent. per cellular phone