TB MC Qu$.25-112($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:

$\backslash$table$[[$Variable Costs per Unit,Fixed Costs $($total$),],[$Direct materials,$$16$ Overhead,$$85,000,],[$Direct labor,$41,$General and administrative,$65,000],[$Overhead$,21,,],[$General and administrative,$51,,]]$

Using the total cost method what price should Pinkin charge?