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Your company produces a single product which has the following annual cost structure: Direct Costs (total for year): Direct manufacturing $400,000 Direct labor 90,000 Direct

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Your company produces a single product which has the following annual cost structure: Direct Costs (total for year): Direct manufacturing $400,000 Direct labor 90,000 Direct Overhead 35,000 Indirect Costs: General and administrative (total for year) 65,000 Indirect overhead 47,500 Annual production (# units) 92,500 units Your firm sells to wholesalers at a unit selling price equal to total cost per unit (direct plus indirect) plus 30% (that's a 30% mark-up) and wholesalers sell to retailers at wholesaler's cost per unit plus 30% (a 30% mark-up). Retailers sell to retail customers at retailer's cost per unit plus 25% (a 25% mark-up). How much would it cost a retail customer to buy 1,060 units. (in total, not per unit)

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