Problem M-1 (Part Level Submission) Nial Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Unit $26 $43 $14 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,539,000 $4 $891,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 36%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16 Variable cost per unit s Fixed cost per unit Total cost per unit