Please answer competely required1,2,3 Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 21,000 units follow.The company targets a profit of S301,000 on this productVarlable Costs per UnitDirect materials$ 71Direct labor41Overhead26Selling, general and administrative16Fixed Costs (total)OverheadSelling, general and adeinistrative$ 671,000592,0001. Compute the total variable cost and the markup percentage.2 Compute the dollar markup per unit on variable cost3. Compute the selling price per unit.(For all requirements, round your final answers to the nearest whole number.)1. Total variable costs1. Markup percentage2. Markup per unit3. Selling price per unit

Total Fixed costs = Overhead + Selling, general and administrative = 671000+592000 = $1,263,000

Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 21,000 units follow. The company targets a profit of $301,000 on this product Varilable Costs per Ut Direct materials Direct labor Overhead $ 71 41 26 Selling. general and adeinistrative 16 Fixed Costs (total)Y Overhead Selling, general and adeinistrative $ 671,000 592,000 1. Compute the total variable cost and the markup percentage. 2 Compute the dollar markup per unit on variable cost 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest whole number.) Total variable costs 1. Markup percentage 2 Markup per unit 3. Selling price per unit