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) $ 24 Overhead 25 General and administrative 23 29 $ 45,000 18,000 Using the total cost method what price should Galla charge? Multiple Choice $126.25 $142.00 O $137.50 O $130.75 $113.60