Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of t
Posted: Thu May 19, 2022 3:29 pm
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