Product cost method of product pricing la femme accessories inc. produces women's handbags. the cost of producing 800 handbags is as follows: direct materials $18,000 direct labor 8,500 factory overhead 5,500 total manufacturing cost $32,000 the selling and administrative expenses are $17,000. the management desires a profit equal to 22% of invested assets of $250,000. a. determine the amount of desired profit from the production and sale of 800 handbags. $ b. determine the product cost per unit for the production of 800 handbags. round your answer to two decimal places. $ c. determine the product cost markup percentage for handbags. % d. determine the selling price of handbags. round your answers to two decimal places, if necessary. cost $ per unit markup $ per unit selling price $ per unit