Steeze Co. makes snowboards and uses the total cost approach in setting product prices. Its costs for producing 17,500 units follow. The company targets a profit of $661,500 on this product. Variable Coats per Unit Direct materials $ 115 Direct labor 40 Overhead 35 Selling Fixed Costs Overhead $485,000 Selling 120,000 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. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 1. Total cost per unit 2. Maricup percentage 3. Selling price