Exercise 8-9 H5S 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 $70 per unit and fixed costs per year will be $192,000 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 s LINK TO TEXT Assume that the quantity demanded at the price calculated in part a is only 600 units. What is the full cost of the globe, and what is the price with a 25 percent markup? (Round answers to 2 decimal places, e.g. 15.25.) Full cost of a globe Price with 25 percent markup s LINK TO TEXT Is the company likely to sell 600 units at the price calculated in part b