Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing $25,000$ units follow. The company targets a profit of $$305,000$ on this product. Variable Costs per Unit

Direct materials $ $75$

Direct labor $45$

Overhead $30$

Selling, general and administrative $20$

Fixed Costs $($total$)$

Overhead $ $675,000$

Selling, general and administrative $600,000$

$1.$ Compute the total variable cost and the markup percentage.

$2.$ Compute the dollar markup per unit on variable cost.

$3.$ Compute the selling price per unit.