A product to be sold at a profit must be priced higher than the total of what it costs to build the unit, plus period expenses and overhead. For example, at the end of the year, Erie had the product Edge selling in the Performance segment. Using the information available in the Courier, exclude any possible inventory carrying costs, assume the total overhead and period expenses to be two-fifths of the production cost (material + labor). What is the minimum price to cover the unit cost, period expenses, and overhead (in other words, to sell the product at the breakeven point)? Current price is 32.79

a. 22.12 b. 30.64 c. 30.97 d. 33.15