The following data pertain to LawnMate Corporations top-of-the-line lawn mower. (please show work)

Variable manufacturing cost					$333
Applied fixed manufacturing cost					$43
Variable selling and administrative cost					$70
Allocated fixed selling and administrative cost					?

To achieve a target price of $553 per lawn mower, the markup percentage is 12.9 percent on total unit cost.

(a) What is the fixed selling and administrative cost allocated to each unit of LawnMates top-of-the-line mower? (Round your intermediate calculations and final answers to nearest dollar amount.)

(b) For each of the following cost bases, develop a cost-plus pricing formula that will result in a target price of $553 per mower. (Round your percentage values to 2 decimal places (i.e. .1234 should be entered as 12.34).)