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 4,900 units of cell phones are as follows: Variable costs: Fixed costs: Direct materials $85 per unit Factory overhead $201,800 Direct labor 32 Selling and admin. exp. 70,500 Factory overhead 23 Selling and admin. exp. 23 Total variable cost per unit $163 per unit Voice Com desires a profit equal to a 16% rate of return on invested assets of $598,300. a. Determine the amount of desired profit from the production and sale of 4,900 units of cell phones.1 b. Determine the product cost per unit for the production of 4,900 cell phones. If required, round your answer to the nearest dollar. c. Determine the product cost markup percentage (rounded to two decimal places) for cell phones. fill in the blank 3 % d. Determine the selling price of cell phones. Round to the nearest dollar. Total Cost 4per unit Markup fill in the blank 5per unit Selling price $fill in the blank 6per unit