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QS 23-16 (Algo) Pricing using total cost LO P6 Garcia Company sells snowboards. Each snowboard requires direct materials of $105, direct labor of $35, variable

image text in transcribed QS 23-16 (Algo) Pricing using total cost LO P6 Garcia Company sells snowboards. Each snowboard requires direct materials of $105, direct labor of $35, variable overhead of $50, and variable selling, general, and administrative costs of $8. The company has fixed overhead costs of $645,000 and fixed selling, general, and administrative costs of $111,000. It expects to produce and sell 10,500 snowboards. What is the selling price per unit if Garcia uses a markup of 15% of total cost? (Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts.) Answer is complete but not entirely correct. Selling price $ 301 per unit

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