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Complete this question by entering your answers in the tabs below. \begin{tabular}{l|l} Required 1 & Required 2 \\ \hline \end{tabular} The company is a price-taker and the expected selling price for this type of phone is $850 per unit. Compute the target cost per unit if the company's target profit is 60% of expected selling price. Target cost Problem 10-4A (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 $235 of direct materials; $15 of direct labor; $28 of variable overhead; $23 of variable selling. general, and administrative costs; $36 of fixed overhead costs; and $15 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 $850 per unit. Compute the target cost per unit if the company's target profit is 60% 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. Compute the selling price per unit if the company uses the total cost method and plans a markup of 175% of total costs. Required 1 Required 3 Compute the selling price per unit if the company uses the variable cost method and plans a markup of 200% of variable costs. 1. Total variable cost per unit 2. Markup per unit 3. Selling price per unit