Problem 23-4A (Algo) Pricing using total cost, target cost, and variable cost LO P6 Techcom is designing a new smartphone Each unit of this new phone will require $246 of direct materials: $26 of direct labor, $37 of variable overhead, $34 of variable selling, general, and administrative costs, $47 of fixed overhead costs, and $26 of fixed selling, general and administrative costs. 1. Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs 2. The company is a price-taker and the expected selling price for this type of phone is $960 per unit Compute the target cost per unit if the company's target profit is 70% of expected selling price. 3. Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. 1 Total cost per unit 2. Markup per unit 3. Selling price per unit Required 2 >