Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing $20,000$ units follow. The company targets a profit of $$300,000$ on this product.

Variable Costs per UnitDirect materials$ $70$Direct labor $40$ Overhead $25$ Selling, general and administrative $15$

Fixed Costs $($total$)$ Overhead$ $670,000$ Selling, general and administrative $590,000$

Compute the total variable cost and the markup percentage.

Compute the dollar markup per unit on variable cost.

Compute the selling price per unit.