Murrells Inlet Hammock Company wants to know how to price their high-quality hammocks. They enlist you to help them determine their price. They have collected the following budget information; Total Direct Material Cost $250,000, Total Direct Labor Cost $75,000, Total Manufacturing Overhead Cost $49,000, Total Selling and Administrative Expenses $37,000. Murrells Inlet's desired profit is a 60% return on investment of their $750,000 of total assets. They estimate they will sell 3,000 hammocks. At what amount should Murrells Inlet price its hammocks, if they are using the Product Cost Method of pricing?