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The Gargus Company, Which Manufactures Projection Equipment, Is Ready to Introduce

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The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed model:  Variable manufacturing costs S Applied fixed manufacturing overhead 135 Variable selling and administrative costs 90 Applied fixed selling and administrative costs 105\begin{array}{lr}\text { Variable manufacturing costs } & \mathrm{S} \\\text { Applied fixed manufacturing overhead } & 135 \\\text { Variable selling and administrative costs } & 90 \\\text { Applied fixed selling and administrative costs } & 105\end{array} What price will the company charge if the firm uses cost-plus pricing based on absorption cost and a markup percentage of 110%?


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