Detmer Inc. produces a single product, a part used in the manufacture of automobile transmissions. Known for its quality and performance, the part is sold to luxury auto manufacturers around the world. Because this is a quality product, Detmer has some flexibility in pricing the part. The firm calculates the price using a variety of pricing methods and then chooses the f[nal price based on that information and other strategic information. A summary of the key cost information follows. Detmer expects to manufacture and sell 51,500 parts in the coming year. While the demand for Determer's part has been growing in the past 2 years, management is not only aware of the cyclical nature of the automobile industry but also concerned about market share and profits during the industry's current downturn. Variable manufacturing Variable selling and administrative Facility-level fixed overhead Fixed selling and administrative Batch-level fixed overhead Total investment in product line Expected sales (units) Total Costs $ 4,677,000 852,650 2,342.875 672,495 357.000 22,347.000 51,500 Determine the price for the part using a desired before-tax return on investment of 12%