50) The Gargus Company

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 $ 439 Applied fixed manufacturing overhead 215 Variable selling and administrative costs 176 Applied Fixed selling and administrative costs 185 What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 50%