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Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 20,00 units follow. The company targets a

image text in transcribedimage text in transcribed Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 20,00 units follow. The company targets a profit of $300,000 on this product. Required: 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. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Rios Company makes drones and uses the variable cost method in setting product price. Its costs for prodi 20,000 units follow. The company targets a profit of $300,000 on this product

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