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Pharoah's most popular product has a variable cost of $117.62. On Pharoah's income statement, the cost of goods sold per unit is $108.80. If Pharoah's

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Pharoah's most popular product has a variable cost of $117.62. On Pharoah's income statement, the cost of goods sold per unit is $108.80. If Pharoah's markup percentage on variable cost is 25% and its gross margin is 26%, what is the selling price of this product? O $145.07 O $74 O $147.03 O $156.83

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