Mystical Corporation has just commercialized a new product that they will bring the new year. They have determined the costs to produce this product are as follows: Direct labour: $34 per unit: direct materials: $83 per unit: variable manufacturing overhead per unit: $28: total fixed manufacturing overhead: $85,000; and total selling and administrative expenses: $125,000. Mystical will produce 12,000 units and plans to price the product at cost plus 30%. What price is Mystical planning to charge for their new product