Galla Incorporated 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 5,000 units. Additional information is as follows: Variable Costs per Unit Fixed Costs (total) Direct materials $ 25 Overhead $ 45,000 Direct labor 26 General and administrative 18,000 Overhead 24 General and administrative 30 Using the total cost method what price should Galla charge