Product Cost Concept of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,120 handbags is as follows: Direct materials $15,400 Direct labor 8,800 Factory overhead 6,000 Total manufacturing cost $30,200 The selling and administrative expenses are $26,100. The management wants a profit equal to 15% of invested assets of $496,000. if required, round your answers to nearest whole number a. Determine the amount of desired profit from the production and sale of 1,120 handbags. If required, round your answers to nearest whole number 74,400 b. Determine the product cost per unit for the production of 1,120 handbags. 27 per unit c. Determine the product cost markup percentage for handbags 333 % d. Determine the selling price of handbags. Round your answers to nearest whole value Cost X per unit Markup per unit Selling price X per unit