Question: Help Please, will thumbs up and please explain how...am confused. The Sierra Company produces its product at a total cost of $1,200 per unit. Of

Help Please, will thumbs up and please explain how...am confused.

The Sierra Company produces its product at a total cost of $1,200 per unit. Of this amount, $820 is product cost and $380 is selling and administrative expenses. In addition, the total cost of $1,200 is made up of $1,020 variable cost and $180 fixed cost. The desired profit is $192 per unit. Determine the mark up percentages under each of the following cost-plus methods. If required, round your answers to one decimal place. (a) Total cost concept % (b) Product cost concept % (c) Variable cost concept %

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