Steeze Co makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 12,500 units follow. The company targets a profit of $297,500 on this product. Variable costs per Unit Direct materials $ 105 Direct labor 30 Overhead 25 Selling 6 Fixed Costs Overhead $475,000 Selling 110, cee Administrative 315,000 1. Compute the total cost per unit 2. Compute the markup percentage on total cost. (Round your final percentage answer to 1 decimal place.) 3. Compute the product's selling price using the total cost method (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 1 Total cost per unit 2. Markup porcentago 3. Selling price %