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

Variable Manufacturing: 2,350,000

Variable Selling and Administrative: 750,000

Plant-level Fixed Overhead: 1,200,000

Fixed Selling and Administrative 600,000

Batch-level Fixed Overhead: 200,000

Total Investment in Product Line: 10,000,000

Expected Sales (units) 20,000

If Johnson determines prices so as to received a desired return on assets of 15%, the price is:

a) $262.50

b) $375.00

c) $364.29

d) $306.00

e) $330.00