Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the 27 phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: 01:23:48 Variable Costs per Unit Fixed Costs (total) Direct materials $ 23 Overhead $ 85,000 Overhead Direct labor General and administrative 48 General and administrative 28 65,000 58 Using the total cost method what price should Pinkin charge? Multiple Choice $196.10 $202.50 $170.10 $182.50 $201.25