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Voice Com, Inc. uses the product cost method of applying the cost - plus approach to product pricing. The costs of producing and selling 4

Voice Com, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,930 cell phones are as follows:
Fixed costs:
Factory overhead $199,300
Selling and administrative expenses 68,700
Voice Com desires a profit equal to a 13% return on invested assets of $599,100.
a. Determine the amount of desired profit from the production and sale of 4,930 cell phones.
$
b. Determine the product cost per unit for the production of 4,930 cell phones. Round your answer to the nearest whole dollar.
$
per unit
c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places.
%
d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar.
Total Cost
per unit
Markup
per unit
Selling price
$
per unit
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