Techcom is designing a new smartphone. Each unit of this new phone will require $246 of direct materials; $26 of direct labor; $37 of variable overhead; $34 of variable selling, general, and administrative costs; $47 of fixed overhead costs; and $26 of fixed selling, general, and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. 2. The company is a price-taker and the expected selling price for this type of phone is $960 per unit. Compute the target cost per unit if the company's target profit is 70% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. 1. Total cost per unit 2. Markup per unit 3. Selling price per unit < Required 1 Required 2 >