Product Cost Concept of Product Pricing Mademoiselle Company produces women's handbags. The cost of producing 1,140 handbags is as follows: Diredt materials Direct labor Factory overhead Total manufacturing cost The selling and administrative expenses are $26,900. The management desires a profit equal to 17% of invested assets of ssos,000. If required, round your answers to nearest whole number a. Determine the amount of desired profit from the production and sale of 1,140 handbags. $16,800 7,900 5,800 $30,500 b. Determine the product cost per unit for the production of 1,140 handbags. r unit c. Determine the product cost markup percentage for handbags d. Determine the selling price of handbags. Round your answers to nearest whole value Cost Markup Selling price unit unit unit