Flounder Company makes swimsuits and sells these suits directly to retailers. Although Flounder has a variety of sults, 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 (a1) 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? Selling price $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer