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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 8,820 units. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 35 49 48,900 21,660 Using the total cost method what price should Galla charge? Multiple Choice $124.00 $110.00 $98.00 $130.00 $115.00
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