Product Cost Concept of Product Pricing La Femme Accessories lnc. produces women's handbags. The cost of producing-1,120 handbags is as follows: The selling and adminitrative expenses are $26,600. The management wants a profit equat to 17 tw of invested assets of $501,000. If required, round your answers to nearest whole number. a. Determinc the amount of desired profit feom the production and sale of 1,120 handbags. If required, round your answers to nearest whole number. b. Determine the product cost per unit for the production of 1,120 handbags per unit c. Determine the product cost markup pereentage for handbags. d. Determine the selling price of handbags. Round your answers to nearest whole value