Continue to use the data from CleanShirt:

Packaging and production (direct material and labor)	$2.6
Advertising and promotion	$275,000
Overhead cost	$250,000

Now CleanShirt wants to apply cost-oriented pricing rules and wants to set a price to recover both variable costs and fixed costs. Some research suggests that CleanShirt can sell 80,000 units of deodorant.

(1) Find out the selling price if CleanShirt keeps a markup of 15%;

(2) Find out the selling price if CleanShirt keeps a margin of 15%.