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Pinkin Inc. needs to determine a price for a new phone model....

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Accounting

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Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of 26 the phone. Pinkin expects to sell 33,000 phones. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit 78 53 X 01:35:43 Total fixed overhead 88,000 Total fixed administrative 77,000 Using the total cost method what price should Pinkin charge? Multiple Choice $162 10 $162.10 26 $170.00 8 01:35:37 $136.10 $150,24 $168.75

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