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: Using the total cost method what price should Pinkin charge? a. $156.10 b. $162.50 c. $130.10 d. $142.50 e. $161.25