Other answers: $252.50$232.50

Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable Costs per Unit Fixed Costs (total) Direct materials $ 33 Overhead $ 85, 000 Direct labor 58 General and administrative 65, 000 Overhead 38 General and administrative 68 Using the total cost method what price should Pinkin charge? Multiple Choice $251.25 O $220.10 O $246.10