Greenland Sports, Inc. has been asked to submit a bid to the National Hockey League on supplying 1,000 pairs of professional quality skates. The cost per pair of skates has been determined as follows: $ 80 60 Direct materials Direct labor Variable overhead Fixed overhead (allocated) 30 20 Other non-manufacturing costs associated with each pair of skates are: Variable selling cost (commission) Fixed selling and administrative cost $ 25 10 Assume the commission on the sale of skates to the National Hockey League would be reduced to $15 per pair and that available production capacity exists to produce the 1.000 pairs of skates, the lowest price the firm can bid is some price greater than