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World view is considering production of a lighted world globe that the company mound price at markup of 20 percent above full COM. Management estimates

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World view is considering production of a lighted world globe that the company mound price at markup of 20 percent above full COM. Management estimates that the variable cost of the globe will be $75 per unit and fined costs per year win be $216,000. Assuming sales of 1, 200 units, what is the full cost of a globe, and what is the price with a 20 percent markup? (Round answers to 2 decimal places, e.g., 15.25.) Assume that the Quantity demanded at the price calcite m pat a is only 600 units. What is the full cost of the globe, and what is the price with a 20 percent markup? (Round answers to 2 decimal places, e.g., 15.25.)

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