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30 Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone.
30 Pinkin Inc. 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 45,000 phones. Additional information is as follows: 3 00:55:25 Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 76 67 99,000 81,000 Using the total cost method what price should Pinkin charge? Multiple Choice $173.09 $147.09 $164.47 $183.75 $182.50
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