product cost method of product costing

Product Cost Method of Product Costing Myphone, Ino uses the product cost method of applying the cost-plus approach to product onicing. The costs of producng and selling 5,200 cell phones are as follows: MyPhone desires a profit equal to a 15% rate of return on invested assets of $600,100. a. Determine the amount of desired profit from the production and sale of 5,200 cell phones. b. Determine the product cost per unit for the production of 5,200 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 decmal places