Problem M-1 (Part Level Submission) National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Total Per Unit $26 $43 $14 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,539,000 $891,000 These costs are based on a budgeted volume of 81,000 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 3696. (a) Your answer is correct. Collapse question part Compute the total variable cost per unit, total txed cost per unit, and total cost per unit for M14-M16 Variable cost per unit 87 Fixed cost per unit 30 Total cost per unit Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW