Product Cost Method of Product Costing Voice Com, Inc., uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,950 units of cell phones are am follows: Variable costs: Fixed costs: Direct materials $64 per unit Factory overhead $200,100 Direct labor Factory overhead 33 Selling and admin. exp. 68,200 25 Selling and admin. exp. 22 Total variable cost per unit $144 per unit Voice Com desires a profit equal to a 15% rate of return on invested assets of $599,500. a. Determine the amount of desired profit from the production and sale of 4,950 units of cell phones. b. Determine the product cost per unit for the production of 4,950 of cell phones. If required, round your answer to nearest dollar. per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones. % d. Determine the selling price of cell phones. Round to the nearest dollar Total Cost Markup Selling price per unit per unit per unit