Our company is a price setter and has the following information available for the current year:

• budgeted sales volume, 220,000 units;
• desired operating income as a percentage of total assets, 16%;
• variable costs, $25 per unit;
• fixed costs, $4,000,000; and
• total assets, $12,000,000.

What is oursales price per unitif we used thecost-plus pricingapproach?

$49.60

$51.91

$54.60

$50.20