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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

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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 45.000 phones. Additional information is as follows: 76 67 Variable product cost per unit Variable administrative cont per unit Total fixed overhead Total fixed administrative 99,000 81,000 Using the total cost method what price should Pinkin charge? Multiple Choice $18375 517300 516447

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