Problem $10-4$A $($Algo$)$ Pricing using total cost, target cost, and variable cost LO P$6$

Techcom is designing a new smartphone. Each unit of this new phone will require $$248$ of direct materials; $$28$ of direct labor; $$41$ of variable overhead; $$36$ of variable selling, general, and administrative costs; $$49$ of fixed overhead costs; and $$28$ of fixed relling, general, and administrative costs.

Compute the selling price per unit if the company uses the total cost method and plans a markup of $180\%$ of total costs.

The company is a price$-$taker and the expected selling price for this type of phone is $$980$ per unit. Compute the target cost per unit if the company's target profit is $60\%$ of expected selling price.

Compute the selling price per unit if the company uses the variable cost method and plans a markup of $200\%$ of variable costs.

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Required $3$

Compute the selling price per unit if the company uses the total cost method and plans a markup of $180\%$ of total costs.

$\backslash$table$[[1.$ Total cost per unit,,$],[2.$ Markup per unit,,$-],[3.$ Selling price per unit,$\frac{?}{\text{b}\text{a}\text{r}}(s),1,059]]$