The Shine Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed model: Variable manufacturing costs Applied fixed manufacturing overhead Variable selling and administrative costs Applied fixed selling and administrative costs $ 280 140 95 110 What price will the company charge if the firm uses cost-plus pricing based on absorption cost and a markup percentage of 115%? Multiple Choice $498.00. $903.00. $712.50. $1,312.50. None of these answer choices is correct.