Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 20% markup on the total cost of the phone. Pinkin expects to sell 43,000 phones. Additional information is as follows: Variable product cost per unit $82
Variable administrative cost per unit $66
Total fixed overhead $110,000
Total fixed administrative $90,000

Using the total cost method what price should Pinkin charge?

a. $178.08
b. $190.00
c. $152.08
d. $170.92
e. $188.75

$183.18

Explanation:

Pinkin aims to make a 20% markup on the total cost of selling the product.

Costs

Fixed Cost Per Unit

= (Total fixed overhead + Total fixed administrative) / no. of units

= (110,000 + 90,000)/43,000

= $4.65

Variable Costs Per Unit

= Variable product cost per unit + Variable administrative cost per unit

= 82 + 66

= $148

Total Cost per unit = 4.65 + 148

= $152.65

Price Pinkin should charge

= Total Cost ( 1 + Markup)

= 152.65 ( 1 + 20%)

= $183.18‬

Note; Answer is not in the options. Either Options are for another question or question has wrong details.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a