UVW Corporation manufactures designer handbags. The company incurred the following costs during the month of December: direct materials $90,000, direct labor $60,000, manufacturing overhead $50,000, and selling and administrative expenses $30,000. The company produced 1,200 handbags during the month. Calculate the total cost per handbag and the selling price per handbag if the company wants to earn a 40% markup on total cost.