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 4,810 cell phones are as follows: Voice Com desires a profit equal to a 13% rate of return on invested assets of $600,400. a. Determine the amount of desired profit from the production and sale of 4,810 cell phones. b. Determine the product cost per unit for the production of 4,810 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. X% d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar. Feedback Check My Work a. Multiply the desired profit percentage by the desired amount (invested assets). b. Divide the total manufacturing (variable and fixed) costs by the number of units produced. c. Divide the desired profit plus the total selling and administrative expenses by the total manufacturing cost. d. Add cost (b) and markup [(c)(b)]