ABC, Inc. is a small company that produces a wide variety of computer devices. The projected variable and fixed costs for ABC, Inc. for the next year are as follows:

	Variable Costs	Fixed Costs	Total
Manufacturing Costs	$497426	$552696	$1050122
Selling and Administrative Expenses	$128962	$718504	847466
Total	$626388	$1271200	$1842319

The cost information per unit for product 100BC is as follows:

Product 100BC Costs:
Direct Material	$11.1
Direct Labor	$4.96
Variable Manufacturing Overhead	$4.09
Fixed Manufacturing Overhead	$8.47
Total Manufacturing Cost	$29.2
Variable Selling and Administrative Expenses	$5.55

Management has set a profit goal for the next year of $251141 from the sale of product 100BC.

REQUIRED: Use the manufacturing variable cost markup to determine a suggested selling price for one unit of product 100BC.

Answer: 87.04

the correct answeer is 87.04. Show me the steps to achieve that result (87.04)