Jell Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,331 units of its sole product. Jell desires a profit equal to a 23% rate of return on invested assets of $581,658.00.

Fixed factory overhead cost	$37,072.00
Fixed selling and administrative costs	$7,862.00
Variable direct materials cost per unit	$4.53
Variable direct labor cost per unit	$1.88
Variable factory overhead cost per unit	$1.13
Variable selling and administrative cost per unit	$4.50

What is the dollar amount of desired profit from the production and sale of the company's product?

Select the correct answer.

$581,658.00

$93,782.00

$267,562.68

$133,781.34