La Femme Accessories Inc. produces women's handbags. The cost ofproducing 1,240 handbags is as follows: Direct materials $14,300Direct labor 8,500 Factory overhead 6,000 Total manufacturing cost$28,800 The selling and administrative expenses are $28,900. Themanagement desires a profit equal to 14% of invested assets of$496,000. If required, round your answers to nearest whole number.a. Determine the amount of desired profit from the production andsale of 1,240 handbags. $ b. Determine the product cost per unitfor the production of 1,240 handbags. $ per unit c. Determine theproduct cost markup percentage for handbags. % d. Determine theselling price of handbags. Round your answers to nearest wholevalue. Cost $ per unit Markup $ per unit Selling price $ perunit
