Problem 21-01A National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit $20 $39 $10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,501,000 $ 1 $ 869,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14- M16. Variable cost per unit $ Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14- M16. Variable cost per unit Fixed cost per unit Total cost per unit Compute the desired ROI per unit for M14-M16. Desired ROI per unit I Compute the target selling price for M14-M16. Target selling price per unit $