ABC Company needs to determine a price for a new product ARC Company desires a 20% markup on the total cost of the new product ABC Company expects to sell 31,000 units of the new product Additional Information is as follows Variable product cont per unit Variable administrative cont per unit Total fixed overhead Total fixed administrative $ 76 51 86,000 69,000 Using the total cost method, determine the per unit price that ABC should charge for its new product Multiple Choice $132.08 O $157.20 $144.75