Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of t

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Pinkin Incorporated Needs To Determine A Price For A New Phone Model Pinkin Desires A 25 Markup On The Total Cost Of T 1 (32.42 KiB) Viewed 55 times

Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable Costs per Unit Direct materials Direct labor Overhead General and administrative Fixed costs (total) $ 15 Overhead 40 General and administrative 20 50 $ 85,000 65,000 Using the total cost method what price should Pinkin charge? Multiple Choice o O $156.10