Need help with this two part question. Thank you! Product Cost Method of Product CostingVoice Com, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,530 cell phones are as follows:Variable costs per unit:Direct materialsDirect laborFactory overheadSelling and administrative expensesTotal variable cost per unit$61392818$146Fixed costs:Factory overhead$201,200Selling and administrative expenses 68,200Voice Com desires a profit equal to a 14% return on invested assets of $600,700.a. Determine the amount of desired profit from the production and sale of 4,530 cell phones.84,098b. Determine the product cost per unit for the production of 4,530 cell phones. Round your answer to the nearest whole dollar.per unitc. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places.%d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar.Total CostMarkupSelling priceper unitper unitper unit Ridgeway Digital Components Company assembles circuit boards by using a manually operated machine to insert electronic components. The original cost of the machine is $52,700, the accumulated depreciation is$21,100, its remaining useful life is 5 years, and its residual value is negligible. On October 1 of the current year, a proposal was made to replace the present manufacturing procedure with a fully automatic machinethat has a purchase price of $109,600. The automatic machine has an estimated useful life of 5 years and no significant residual value. For use in evaluating the proposal, the managerial accountant accumulated thefollowing annual data on present and proposed operations:SalesDirect materialsDirect laborPower and maintenanceTaxes, insurance, etc.Selling and administrative expensesTotal expensesfana. Prepare a differential analysis dated October 1 to determine whether to continue with (Alternative 1) or replace (Alternative 2) the old machine. Prepare the analysis over the useful life of the new machine. If aamount is zero, enter "0". If required, use a minus sign to indicate a loss.Revenues:Line Item DescriptionSales (5 years)Costs:Differential AnalysisContinue with (Alt. 1) or Replace (Alt. 2) Old MachineOctober 1Purchase priceDirect materials (5 years)Direct labor (5 years)Power and maintenance (5 years)Taxes, insurance, etc. (5 years)Selling and admin. expenses (5 years)Profit (loss)Present ProposedOperations Operations$167,100 $167,100$56,900 $56,90039,5003,70019,5001,3004,40039,50039,500$140,900 $120,300-$Continue with Replace Old Machine Differential Effects(Alternative 2)Old Machine(Alternative 2)(Alternative 1)

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Product Cost Method of Product Costing Voice Com, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 4,530 cell phones are as follows: Variable costs per unit: Direct materials Direct labor Factory overhead Selling and administrative expenses Total variable cost per unit $61 39 28 18 $146 Fixed costs: Factory overhead Selling and administrative expenses Voice Com desires a profit equal to a 14% return on invested assets of $600,700. $201,200 68,200 a. Determine the amount of desired profit from the production and sale of 4,530 cell phones. 84,098 ✔ b. Determine the product cost per unit for the production of 4,530 cell phones. Round your answer to the nearest whole dollar. per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar.