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StarMed Products Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 100,000 units of

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StarMed Products Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 100,000 units of medical tablets a as follows: StarMed Products desires a profit equal to a 20% rate of return on invested assets of exist15,000,000 Determine the amount of desired profit from the production and sale of 100,000 units. Determine the total costs and the cost amount per unit for the production and sale of 100,000 units. Determine the total cost markup percentage per unit. Determine the selling price per unit. Based on the data presented in Exercise 12-15, assume that StarMed Products Inc. uses the product cost concept of applying the cost-plus approach to product pricing. Determine the total manufacturing costs and the cost amount per unit for the production and sale of 100,000 units. Determine the product cost markup percentage per unit. Round to two decimal place. Determine the selling price per unit. Round to the nearest dollar. Based on the data presented in Exercise 12-15, assume that StarMed Products Inc. uses the variable cost concept of applying the cost-plus approach to product pricing. Determine the variable costs and the cost amount per unit for the production and sale of 100,000 units of medical tablets. Determine the variable cost markup percentage per unit. Round to two decimal place. Determine the selling price per unit. Round to the nearest dollar

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