Exercise 22-3 Part Level Submission) Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has a variety of suits, it does not make the All-Body suit used by highly skilled swimmers. The market research department believes that a strong market exists For this type of suit. The department indicates that the All-Body suit would sell for approximately $110. Given its experience, Leno believes the All-Body suit would have the following manufacturing costs. Direct materials Direct labor Manufacturing overhead Total costs 45 $109 (al) Your answer is incorrect. Try again. Assume that Leno uses cost-plus pricing, setting the selling price 24% above its costs. What would be the price charged for the All-Body swimsuit? (Round answer to 2 decimal places, e.g. 10.50.) Selling price 26.16 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT By accessing this Question Assistance, you will learn while you can points based on the Point Potential Policy set by your instructor. Attempts: 3 of 3 used You have surpassed the number of attempts to cam Maximum Points for this question. For this attempt, and any subsequent attempts), you will earn points according to the point Potential policy set by your instructor. (b) Your answer is incorrect. Try again. Assume that Leno uses target costing. What is the price that Leno would charge the retailer for the AllBody swimsuit? Selling price C 1 35.16 By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor