FCC Company needs to determine the price for a new product. The company desires a $25\%$ markup on the total cost of the product. It expects to sell $5,000$ units. Additional information is as follows $($round your final answer to the nearest $2$ decimal places number, i$.$e$.,$ $$27\mathrm{.}345$ would be $27\mathrm{.}35)$:

$\backslash$table$[[$Variable Costs per Unit,Fixed Costs $($total$)],[$Direct materials,$$5,$Overhead,$$50,000$