TB MC Qu. 10-112 (Algo) Pinkin Incorporated needs to determine a price.

Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone.

Pinkin expects to sell 30,000 phones. Additional information is as follows:

Variable Costs per Unit

Direct materials

Direct labor

Overhead

General and administrative

Fixed Costs (total)

$

22 Overhead

47

General and administrative

27

157

$ 85,000

65,000

Using the total cost method what price should Pinkin charge?

IB MC Qu. 10-112 (Algo) Pinkin Incorporated needs to determine a price... Sinkin incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Using the total cost method what price should Pinkin charge? $191.10 $197.50 $165,10 $177.50 $196.25