Product Cost Concept of Product Pricing La Mujer Accessories Inc. produces women's handbags. The cost of producing 1,130 handbags is as follows: The selling and administrative expenses are $27,700. The management wants a profit equal to 14% 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 1,130 handbags. b. Determine the product cost per unit for the production of 1,130 handbags. $ per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags. Product Cost Concept of Product Pricing La Mujer Accessories Inc. produces women's handbags. The cost of producing 1,130 handbags is as follows: The selling and administrative expenses are $27,700. The management wants a profit equal to 14% 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 1,130 handbags. b. Determine the product cost per unit for the production of 1,130 handbags. $ per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags