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

Finance

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. 
Total Costs Variable Manufacturing $ 2,354,000 Variable Selling and Administrative 754,000 Plant-level Fixed Overhead 1,208,000 Fixed Selling and Administrative 604,000 Batch-level Fixed Overhead 204,000 Total Investment in Product Line 10,012,000 Expected Sales (units) 20,800 
If Johnson determines price using a 21% markup of life cycle cost, the price is: 
 

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