Williams Inc. produces a single product, a part used in the manufacture of automobile transmissions. Known for its quality and performance, the part is sold to luxury auto manufacturers around the world. Because this is a quality product, Williams has some flexibility in pricing the part. The firm calculates the price using a variety of pricing methods and then chooses the final price based on that information and other strategic information. A summary of the key cost information follows. Williams expects to manufactu sell 58,000 parts in the coming year. While the demand for Williams's part has been growing in the past 2 years, management is not only aware of the cyclical nature of the automobile industry, but also concerned about market share and profits during the industry's current downturn. re and Variable manufacturing Variable selling and administrative Pacility-level fixed overhead Fixed selling and administrative Batch-level fixed overhead Total investment in product 1ine Expected sales (units) Total Costs 4,664,000 839,650 2,329,875 659,495 344,000 22,334,000 S8,000 Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Determine the price for the part using a desired before-tax return on investment of 14%. (Round your intermediate calculations and answer to 4 decimal places.) rce 206.2720per unit Required 4 Required 6>