Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,260 handbags is as follows: Direct materials $15,700 Direct labor 7,400 Factory overhead 6,000 Total manufacturing cost $29,100 The selling and administrative expenses are $27,300. The management desires a profit equal to 18% of invested assets of $501,000 If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,260 handbags. b. Determine the product cost per unit for the production of 1,260 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