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 Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 19 Overhead 20 General and administrative 18 $ 45,000 18,000 24 Using the total cost method what price should Galla charge? Multiple Choice 3. 112.5 4. 107.75 5. 93.60 $101.25 $117.00