The details of cost and sales of a firm at an output level of 60,000 units are as follows:

Sh.

Sales 150,000

Raw materials 66,000

Labor 33,000

Semi-variable overheads 30,000

Fixed overheads 11,000

Profit 10,000

Semi-variable overheads include fixed cost of Sh.12,000. If the firm wants to maintain the profits at a present level of Sh.10,000, what selling price should be fixed at the output level of 110,000 units?