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QS 23-16 Product pricing LO P1 Garcia Co. sells snowboards. Each snowboard requires direct materials of $118, direct labor of $48, and variable overhead of

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QS 23-16 Product pricing LO P1 Garcia Co. sells snowboards. Each snowboard requires direct materials of $118, direct labor of $48, and variable overhead of $63. The company expects fixed overhead costs of $671,000 and fixed selling and administrative costs of $155,000 for the next year. It expects to produce and sell 11,800 snowboards in the next year. What will be the selling price per unit if Garcia uses a markup of 10% of total cost? (Round your answer to 2 decimal places.) Selling price Per Unit

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