Problem 10-4A (Algo) Pricing using total cost, target cost, and variable cost LO P6 Techcom is designing a new smartphone. Each unit of this new phone will require $247 of direct materials: $27 of direct labor; $40 of variable overhead: $35 of variable selling, general, and administrative costs: $48 of fixed overhead costs, and $27 of fixed selling general, and administrative costs. 1. Compute the seliling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. 2. The company is a price-taker and the expected selling price for this type of phone is $970 per unit. Compute the target cost per unit If the company's target profit is 70% of expected selling price 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 M Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. tences 1. Total cost per un 2. Markup per un 3 Saling price per unit Requirt Required 2 > Problem 10-4A (Algo) Pricing using total cost, target cost, and variable cost LO P6 Techcom is designing a new smartphone. Each unit of this new phone will require $247 of direct materials: $27 of direct l- variable overhead; $35 of variable selling, general, and administrative costs: $48 of fixed overhead costs; and $27 of fixec general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. 2. The company is a price-taker and the expected selling price for this type of phone is $970 per unit. Compute the target If the company's target profit is 70% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable Complete this question by entering your answers in the tabs below. Required 1 Requked 2 Required 3 The company is a price-taker and the expected selling price for this type of phone is $970 per unit. Compute the target cost per unit if the company's target profit is 70% of expected selling price Target cost Saved Problem 10-4A (Algo) Pricing using total cost, target cost, and variable cost LO P6 Techcom is designing a new smartphone. Each unit of this new phone will require $247 of direct materials; $27 of variable overhead: $35 of variable selling, general, and administrative costs; $48 of fixed overhead costs; and $27 general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of tota 2. The company is a price-taker and the expected selling price for this type of phone is $970 per unit. Compute the if the company's target profit is 70% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. 1. Total variable cost per unit 2. Markup per unit 3. Selling price per unit