Gruner Corporation produces snowboards. The following cost information per unit is available: direct materials $10; direct labour $7; variable manufacturing overhead $4; fixed manufacturing overhead $12; variable selling and administrative expenses $2; and fixed selling and administrative expenses $10. Using a 20% markup percentage on the total cost per unit, calculate the target selling price. (Round answer to 2 decimal places, e.g. 15.25.)

Target selling price

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