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RST Inc. produces handmade candles. The company incurred the following costs during the month of June: direct materials $20,000, direct labor $15,000, manufacturing overhead $10,000,

RST Inc. produces handmade candles. The company incurred the following costs during the month of June: direct materials $20,000, direct labor $15,000, manufacturing overhead $10,000, and selling and administrative expenses $8,000. The company produced 1,000 candles during the month. Calculate the total cost per candle and the selling price per candle if the company wants to earn a 75% markup on total cost.

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