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 Unit Total Direct materials $28 Direct labor $43 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,200,000 Variable selling and administrative expenses Fixed selling and administrative expenses $1,200,000 These costs are based on a budgeted volume of 80,000 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%. $4 Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. TER VERSION 4 BACK NEXT > These costs are based on a budgeted volume of 80,000 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 $ Fixed cost per unit Total cost per unit Compute the desired ROI per unit for M14-M16. Desired ROI $ per unit Compute the target selling price for M14-M16. Target selling price per unit $ Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 60,000 M14-M16s are produced and sold during the year. Variable cost per unit Fixed cost per unit Total cost per unit Click If you would like to Show Work for this question: Open Show Work