The following is to be done using the "Variable Cost Concept":

Variable costs per unit: Fixed costs: Direct materials Direct labor Factory overhead Selling and admin. exp $109 40 34 27 $210 Factory overhead 304,000 Selling and admin.exp 104,000 Total Willis Products desires a profit equal to a 25% rate of return on invested assets of $767,040 a. Determine the variable costs and the cost amount per unit for the production and sale of 8,000 units of medical tablets. Total variable costs Variable cost per unit b. Determine the variable cost markup percentage per unit. Round your percentage answer to one decimal place. per unit c. Determine the selling price per unit dollar. Use the rounded variable cost markup percentage in your calculations, and round the amount of the markup to the nearest whole per unit