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 $242 of direct materials: 522 of direct labor, $30 of variable overhead, $30 of variable selling, general, and administrative costs, 544 of fixed overhead costs, and $22 of fixed selling, general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs 2. The company is a price-taker and the expected selling price for this type of phone is $920 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) Required 2 Required a The company is a price taker and the expected selling price for this type of phone is $920 per unit compute the target cont per unit in the company's target profit is 70% of expected selling price Target cost 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 5242 of direct materials, $22 of direct labor, 530 of variable overhead: $30 of variable selling general, and administrative costs, $44 of fixed overhead costs, and $22 of fixed selling. general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 180% of total costs 2. The company is a price taker and the expected selling price for this type of phone is $920 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: Required 2 Required Compute the selling price per unit in the company uses the total cost method and plans a markup of 100% of total costs 1 Total cost per unit 5 2. Markup per unit $ 702 Selling price per unit 390 Required 2 > 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