Total Cost Method of Product Pricing Smart Stream Inc. uses the total cost method of applying the cost-plus approach to product pricing. The Fixed costs Direct materials Direct labor Factory overhead Selling and administrative expenses overhead $240,100 Selling and administrative expenses 84,400 21 Total variable cost per unit $174 per unit Smart Stream desires a profit equal to a 16% return on invested assets of $688,810. . Determine the total cost and the total cost amount per unit for the production and sale of s,500 units of cellular phones. Round the cost per unit to two decimal places Total cost Total cost amount per unit 957,000 x SC-174) x b. Determine the total cost markup percentage (rounded to two decimal places) for cellular phones 67.081 x % c. Determine the selling price of celular phones. Round to the nearest cent. 11,945.9 X per cellular phone