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) $ 17 Overhead 42 General and administrative 22 $ 85,000 65,000 52 Using the total cost method what price should Pinkin charge