Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has a variety of suits, it does not make the All-Body suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the All-Body suit would sell for approximately $100. Given its experience, Leno believes the All- Body suit would have the following manufacturing costs. $27 28 Direct materials Direct labor Manufacturing overhead Total costs 45 $100 (a1) Assume that Leno uses cost-plus pricing, setting the selling price 24% above its costs. What would be the price charged for the All-Body swimsuit? Selling price $