Please explain the solution to this general accounting problem using the correct accounting principles.

Alpine Gear manufactures snowboards. Each snowboard requires direct materials costing $120, direct labor of $40, and variable overhead of $60. The company projects fixed overhead costs of $375,000 and fixed selling and administrative costs of $180,000 for the coming year. It expects to produce and sell 5,000 snowboards. What will be the selling price per snowboard if Alpine Gear uses a markup of 25% of the total cost