Brexit Pty Ltd manufactures items for politicians. They are planning to introduce a new product, called the 'Rightwing'. Current plans require production and sale of 1000 products with estimated production costs as follows. Variable costs: Manufacturing $450 00] Selling and administrative $103 ooo Total variable costs $550 Ill] Fixed costs: Manufacturing $300 003 Selling and administrative $180 [III Total xed costs $480 III] Total costs $1 030 ooo The average amount of capital invested in the new product is $900 000 and Brexit's target return on investment for it is 18 per cent. What price must Brexit charge if the company uses cost-plus pricing based on total variable cost? Select one: 0 $712 0 $1930 0 $1030 0 $1192