Flounder Company makes swimsuits and sells these suits directly to retailers. Although Flounder has a variety of suits, it does not make the Performance 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 Performance suit would sell for approximately $100. Given its experience, Flounder believes the Performance suit would have the following manufacturing costs.

	Direct materials		$26
	Direct labor		32
	Manufacturing overhead		42
	Total costs		$100

Assume that Flounder uses cost-plus pricing, setting the selling price 25% above its costs. What would be the price charged for the Performance swimsuit?