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Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 20,000 units follow. The company targets a

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Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 20,000 units follow. The company targets a profit of $742,000 on this product. Variable costs per Unit Direct materials Direct labor Fixed Costs $ 121 Overhead 46 Selling 41 Administrative $491,000 122,000 347,000 Overhead Selling 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. es 1 Total cost per unit 2. Markup percentage 3. Selling price

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