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 4,700 cell phones are as follows: Variable costs per unit: Fixed costs: Deect materials $69 Factory overhead $199,000 Direct labor 40 Selling and administrative expenses 68,400 Factory overhead 27 Selling and administrative expenses 18 Total variable cost per unit $154 Voice Com desires a profit equal to a 14% rate of return on invested assets of $601,500 a. Determine the amount of desired profit from the production and sale of 4,700 cell phones. b. Determine the product cost per unit for the production of 4,700 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 dollar. Total Cost Markup Sellinn noce per unit per unit Der Unit