Gostkowski Company is about to enter the highly competitive personal electronics market with a new type of tablet. In anticipation of future growth, the company has leased a large manufacturing facility and has purchased several expensive pieces of equipment In 2017, the company's first year, Gostkowski Company budgets for production and sales of 24,500 units, compared with its practical capacity of 56,000 The company's cost data are as folows (Click the icon to view the company s cost data ) Read the requirements Requirement 1. Assume that Gostkowski Company uses absorption costing and uses budgeted units produced as the denominator for calculating its fixed manufacturing overhead rate. Selling price is set at 120% of manufacturing cost Compute Gostkowski Comp aman namo Begin by determining the formula to compute the selling price Data Table Manufacturing cost per unit x Percentage of manufacturing costSelling pri Round your answer to the nearest cent,) Gostkowski Company's selling price would be S Variable manufacturing costs per unt 26 Direct materials Direct manufacturing labor Manufacturing overhead nter any number in the edit fields and then click Check iswer 15 Fixed manufacturing overhead 5 784 Clear All remaining