Black Forrest manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $280 per table, consisting of 80% variable costs and 20% fixed costs. The company has surplus capacity available. It is Back Forrest's policy to add a 55% markup to full costs. A large hotel chain is currently expanding and has decided to decorate all new hotels using the rustic style, Black Forrest Incorporated is invited to submit a bid to the hotel chain, What is the lowest price per unit Black Forrest should bid on this long-term order? $434 $224 $280 $210