23-The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed model:

Variable manufacturing costs$430

Applied fixed manufacturing overhead215

Variable selling and administrative costs170

Applied fixed selling and administrative costs185

What price will the company charge if the firm uses cost-plus pricing based on total variable cost and a markup percentage of 230%?

multiple choice:

• None of these answer choices is correct.
• $1,485.00.
• $1,755.00.
• $1,980.00.
• $1,620.00.