Proct Cat Method of Product Casting MyPhone, Inc, uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,550 units of cell phones are as follows Variable costs: Fixed costs: Direct materials 588 per unit Factory overhead $200,900 Direct labor 30 Selling and admin. exp 70,100 Factory overhead 22 Selling and admin, exp. 23 Total variable cost per unit $163 per unit My Phone desires a profit equal to a 13% rate of return on invested assets of $601,200, a. Determine the amount of desired profit from the production and sale of 4,550 units of cell phones: b. Determine the product cost per unit for the production of 4,550 of coll phones. If required, round your answer to nearest dolor per unit c. Determine the product cost markup percentaon crounded to two decimal places) for cell phones. d. Determine the selling price of cell phones. Round to the nearest dollar. Total Cost per unit Markup per unit Selling price per unit