Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,150 handbags is as follows: Direct materials $14,000 Direct labor 8,100 Factory overhead 5,800 Total manufacturing cost $ 27,900 The selling and administrative expenses are $25,000. The management desires a profit equal to 17% of invested assets of $500,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,150 handbags. $ $ b. Determine the product cost per unit for the production of 1,150 handbags. per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags. Round your answers to nearest whole value. Cost per unit Markup per unit Selling price per unit