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 $295,000 on this product. Variable Costs per Unit Direct materials $103 Direct labor 28 Overhead 23 Selling Fixed Costs Overhead $473, eee Selling 112,080 Administrative 340,000 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 Total cost per unit Markup percentage Selling price search