The following data pertain to LawnMate Corporation's top-of-the-line lawn mower. I Variable manufacturing cost $275 Applied fixed manufacturing cost 55 Variable selling and administrative cost 66 Allocated fixed selling and administrative cost ? To achieve a target price of $495 per lawn mower, the markup percentage is 12.5 percent on total unit cost. Required: 1. What is the fixed selling and administrative cost allocated to each unit of LawnMate's top-of-the- line mower? 2. For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $495 per mower: (a) variable manufacturing cost, (b) absorption manufacturing cost, and (c) total variable cost