Product Cost Method of Product Costing MyPhone, Inc. uses the product cose method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,280 cell phones are as follows: Variable costs per unit: Fixed costs: Direct materials $90 Factory overhead $201,600 Direct labor 32 Selling and administrative expenses 70,900 Factory overhead 27 Selling and administrative expenses 21 Total variable cost per unit $170 MyPhone desires a profit equal to a 14% rate of return on invested assets of $600,800, a. Determine the amount of desired profit from the production and sale of 5,280 cell phones. b. Determine the product cost per unit for the production of 5,280 of cell phones. Round your answer to the nearest whole dollar per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places d. Determine the selling price of cell phones. Round your answers to the nearest whole dolar Total Cost per unit per un Selling price Cuck My Work