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Please explain your answer in a bit of detail, as I'm trying to learn how to do the probelm as well as simply get the

Please explain your answer in a bit of detail, as I'm trying to learn how to do the probelm as well as simply get the answer.

Exercise 21
Skyhigh Company is in the process of setting a selling price for its newest model stunt kite, the Looper. The controller of Skyhigh estimates variable cost per unit for the new model to be as follows:
Direct materials $15
Direct labor 8
Variable manufacturing overhead 4
Variable selling and administrative expenses 5
$32
In addition, Skyhigh anticipates incurring the following fixed cost per unit at a budgeted sales volume of 20,000 units:
Total Costs

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