The following data relate to LawnMate Corporation's top-of-the-line lawnmower. Variable manufacturing cost $550 Applied fixed manufacturing cost 110 Variable selling and administrative cost 132 Allocated fixed selling and administrative cost ? To achieve a target price of $990 per lawnmower, the markup percentage is 12.5 per cent on total unit cost. Page 994 Required: 1. What is the fixed selling and administrative cost allocated to each unit of Lawn Mate'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 $990 per mower. (a) variable manufacturing cost (b) absorption manufacturing cost (c) total variable cost