Sandhill Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: These costs are based on a budgeted volume of 273,000 units produced and sold each year. Sandhill uses cost-plus pricing to set its target selling price. The markup on the total unit cost is 25%. Your answer is correct. Calculate the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Your answer is correct. Calculate the desired markup per unit for M14-M16. (Round answer to 2 decimal places, eg. 15.25.) Calculate the target selling price for M14-M16. (Round answer to 2 decimal places, eg. 15.25.)