Pinkin Inc. 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 50,000 phones. Additional information is as follows: Variable product cost per unit $ 82 Variable administrative cost per unit 66 Total fixed overhead 110,000 90,000 Total fixed administrative Using the total cost method what price should Pinkin charge? Multiple Choice $178.08 $190.00 $152.08 $170.92 $188.75