Cato World View is considering production of a lighted world globe that the company would price at a markup of 25 percent above full cost. Management estimates that the variable cost of the globe will be $65 per unit and fixed costs per year will be $228,000.

(a)

Assuming sales of 1,200 units, what is the full cost of a globe, and what is the price with a 25 percent markup? (Round answers to 2 decimal places, e.g. 15.25.)

Full cost of globe		$
Price with 25 percent markup		$