Techcom is designing a new smartphone. Each unit of this new phone will require $$233$ of direct materials; $$13$ of direct labor; $$26$ of variable overhead; $$21$ of variable selling, general, and administrative costs; $$34$ of fixed overhead costs; and $$13$ of fixed selling, general, and administrative costProblem $10-4$A $($Algo$)$ Pricing using total cost, target cost, and variable cost LO P$6$

Techcom is designing a new smartphone. Each unit of this new phone will require $$233$ of direct materials; $$13$ of direct labor; $$26$ of

variable overhead; $$21$ of variable selling, general, and administrative costs; $$34$ of fixed overhead costs; and $$13$ of fixed selling,

general, and administrative costs.

Compute the selling price per unit if the company uses the total cost method and plans a markup of $170\%$ of total costs.

The company is a price$-$taker and the expected selling price for this type of phone is $$830$ per unit. Compute the target cost per

unit if the company's target profit is $70\%$ of expected selling price.

Compute the selling price per unit if the company uses the variable cost method and plans a markup of $200\%$ of variable costs.

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Compute the selling price per unit if the company uses the total cost method and plans a markup of $170\%$ of total costs.