Check my work 6 Exercise 10-15 Product pricing using variable costs LO P1 Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 20,000 units follow. The company targets a profit of $300,000 on this product. 16.7 polnts Variable Costs per Unit Fixed Costs Overhead $670,000 305,000 285,000 Direct materials Direct labor Overhead Selling $70 40 eBook Selling Administrative Print 15 References 1. Compute the variable cost per unit. 2. Compute the markup percentage on variable cost. 3. Compute the product's selling price using the variable cost methoo 1 Variable cost per unit 2 Markup percentage 3 Selling price