Pinkin Ine needs to determine a price for a new phone model. Pinkin desires a 20% markup on the total cost of the phone. Pinkin expects to set 49,000 phones. Additional Information is as follows Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative 5 80 67 109,000 87,000 Using the total cost method what price should Pinkin charge? Using the total cost method what price should Pinkin charge? Multiple Choice O $172.07 $181.20 O $168.55 $180.00 $151.07