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Galla Inc. needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects

Galla Inc. needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects to sell 6420 units. Additional information is as follows:

Variable product cost per unit $ 23
Variable administrative cost per unit 25
Total fixed overhead 46,500
Total fixed administrative 30,540

Using the total cost method what price should Galla charge?

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