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Johnson Marine has the following costs and expected sales for the coming year. Johnson is...

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Accounting

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Johnson Marine has the following costs and expected sales for the coming year. Johnson is considering a number of different methods to determine the price of its product. Variable Manufacturing Variable Selling and Administrative Plant-level Fixed Overhead Fixed Selling and Administrative Batch-level Fixed Overhead Total Investment in Product Line Expected Sales (units) Total Costs $ 2,358,500 758,500 1,217,000 608,500 208,500 10,025,500 21,700 If Johnson determines price using a 38% markup of full manufacturing cost, the price is: Multiple Choice $284.14 If Johnson determines price using a 38% markup of full manufacturing cost, the price is: Multiple Choice $284.14 $353.14 $308.14 $240.64 $342.43 be

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