Tech Coms predicted 2017 variable and fixed costs are as follows: Variable Costs Fixed Costs Manufacturing.$480,000 $315,900 Selling and administrative$216,000 $60,000 Total$696,000 $376,400 Tech Com is a small company producing a wide variety of computer interface devices. Per-unit manufacturing cost information about one of these products, a high-capacity flash drive, is as follows: Direct Materials$10 Direct labor..9 Manufacturing Variable.7 Fixed.. 9 Total manufacturing costs...$35 Variable selling and administrative costs for the flash drive is $6 per unit. Management has set a 2017 target profit of $250,000 on the sale of the flash drive. Required Determine the markup percentage on variable costs required to earn the desired profit. Use variable cost markup to determine a suggested selling price for the flash drive. For the flash drive, break the markup on variable costs into separate parts for fixed costs and profit. Explain the significance of each part. Determine the markup percentage on manufacturing costs required to earn the desired profit. Use the manufacturing costs markup to determine a suggested selling price for the flash drives.