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Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price

Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product.

Total Costs

Variable Manufacturing

$ 2,350,500

Variable Selling and Administrative

750,500

Plant-level Fixed Overhead

1,201,000

Fixed Selling and Administrative

600,500

Batch-level Fixed Overhead

200,500

Total Investment in Product Line

10,001,500

Expected Sales (units)

20,100

If Johnson determines price using a 41% markup of full manufacturing cost, the price is:

Question 12 options:

$364.99.

$263.20.

$306.70.

$330.70.

$375.70.

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